Operations Research · 1983 · 23 citations · 18 references
AgricultureIndustrial EngineeringOperations ManagementMathematical EconomicsOptimizationProduction EconomicsCost FunctionsCost MinimizationLot SizingOptimization In EconomicsProduction SchedulingScheduling TheoryCost Function ModelingEconomic Lot SizingLot SchedulingMulti-item Lot SizingMulti-item Production SchedulingMulti-product Cost FunctionsMultiproduct Cost FunctionsTechnical Pitfalls
We consider a group of products sharing the same piece of production equipment, and show that two mathematical problem formulations in the literature are ill-posed. In both cases, the infimum of the cost function occurs at a boundary point that is not feasible.
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