A series-type multistage production system with random demand

We propose a mathematical model which considers the series-type product structure with n−1 predecessors. Our objective is to obtain the optimal production functions, in the planning horizon [0,T], based on the assumptions (1) that the cost of production unit is a linear function of production quanti...

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Main Author: Ying-Chieh Chen
Format: Article
Language:English
Published: Hindawi Limited 2003-01-01
Series:International Journal of Mathematics and Mathematical Sciences
Online Access:http://dx.doi.org/10.1155/S0161171203112100
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spelling doaj-bce2e5c1a8a3485ea7ded61d11d48cb62020-11-24T23:04:23ZengHindawi LimitedInternational Journal of Mathematics and Mathematical Sciences0161-17121687-04252003-01-012003402567258110.1155/S0161171203112100A series-type multistage production system with random demandYing-Chieh Chen0Department of Applied Statistics and Information Science, Ming Chuan University, 250 Chung Shan North Road, Section 5, Shihlin District, Taipei 111, TaiwanWe propose a mathematical model which considers the series-type product structure with n−1 predecessors. Our objective is to obtain the optimal production functions, in the planning horizon [0,T], based on the assumptions (1) that the cost of production unit is a linear function of production quantity in a time unit, (2) that sales of finished goods occur at the end of planning horizon, and (3) that product demand is a random variable. Then the phenomenon of optimal solution is discussed.http://dx.doi.org/10.1155/S0161171203112100
collection DOAJ
language English
format Article
sources DOAJ
author Ying-Chieh Chen
spellingShingle Ying-Chieh Chen
A series-type multistage production system with random demand
International Journal of Mathematics and Mathematical Sciences
author_facet Ying-Chieh Chen
author_sort Ying-Chieh Chen
title A series-type multistage production system with random demand
title_short A series-type multistage production system with random demand
title_full A series-type multistage production system with random demand
title_fullStr A series-type multistage production system with random demand
title_full_unstemmed A series-type multistage production system with random demand
title_sort series-type multistage production system with random demand
publisher Hindawi Limited
series International Journal of Mathematics and Mathematical Sciences
issn 0161-1712
1687-0425
publishDate 2003-01-01
description We propose a mathematical model which considers the series-type product structure with n−1 predecessors. Our objective is to obtain the optimal production functions, in the planning horizon [0,T], based on the assumptions (1) that the cost of production unit is a linear function of production quantity in a time unit, (2) that sales of finished goods occur at the end of planning horizon, and (3) that product demand is a random variable. Then the phenomenon of optimal solution is discussed.
url http://dx.doi.org/10.1155/S0161171203112100
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