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Strong Demand for Styrene Spurs Capacity Expansion

✍ Scribed by GREEK, BRUCE F.


Book ID
126324686
Publisher
American Chemical Society
Year
1988
Tongue
English
Weight
334 KB
Volume
66
Category
Article
ISSN
0009-2347

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Capacity expansion under a service-level
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## Abstract For a service provider facing stochastic demand growth, expansion lead times and economies of scale complicate the expansion timing and sizing decisions. We formulate a model to minimize the infinite horizon expected discounted expansion cost under a service‐level constraint. The servic