Managing inventory and production capacity in start-up firms
We consider the problem of managing inventory and production capacity in a start-up manufacturing firm with the objective of maximising the probability of the firm surviving as well as the more common objective of maximising profit. Using Markov decision process models, we characterise and compare t...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
2014-12-17.
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| Subjects: | |
| Online Access: | Get fulltext |