Naval Research Logistics Quarterly · 1970 · 31 citations · 6 references
EngineeringIndustrial EngineeringOperations ManagementProduction EngineeringProduction PlanningProduction SystemsProduction ConstraintsProduction ManagementProduction OptimizationProduction Planning SystemsProduction SchedulingProduction TheoryMulti-product ProductionProduction Capacity ConstraintsProduction Control SystemsProduction Resource Planning
Abstract A model is developed for planning optimal production and employment levels in multi‐product, multistage production systems. The market requirements for each product over the planning period are given. Backorders and/or shortages are permitted. Backorders and shortages must be considered in order to determine the amount of each product's demand that should be filled, backlogged, or go unsatisfied if the production capacity is insufficient to fill all market requirements. Backorders and shortages, on the other hand, are desirable under certain dynamic market conditions.
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