This paper analyzes a multiperiod production planning model which incorporates pricing decisions and learning effects. We provide a partial characterization of the optimal policy. This result, combined with a simple algorithm, is used to find the optimal solution is special cases and near-optimal solutions for the general case.
|Original language||English (US)|
|Number of pages||11|
|Publication status||Published - Jul 1990|
ASJC Scopus subject areas
- Management Science and Operations Research