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Efficient resource allocation under multi-unit demand

โœ Scribed by Kojima, Fuhito


Book ID
125439778
Publisher
Elsevier Science
Year
2013
Tongue
English
Weight
328 KB
Volume
82
Category
Article
ISSN
0899-8256

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๐Ÿ“œ SIMILAR VOLUMES


Multi-resource investment strategies: Op
โœ J.Michael Harrison; Jan A. Van Mieghem ๐Ÿ“‚ Article ๐Ÿ“… 1999 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 286 KB

Consider a ยฎrm that markets multiple products, each manufactured using several resources representing various types of capital and labor, and a linear production technology. The ยฎrm faces uncertain product demand and has the option to dynamically readjust its resource investment levels, thereby chan