%0 Journal Article
%T A series-type multistage production system with random demand
%A Ying-Chieh Chen
%J International Journal of Mathematics and Mathematical Sciences
%D 2003
%I Hindawi Publishing Corporation
%R 10.1155/s0161171203112100
%X We propose a mathematical model which considers the series-type product structure with n−1 predecessors. Our objective is to obtain the optimal production functions, in the planning horizon [0,T], based on the assumptions (1) that the cost of production unit is a linear function of production quantity in a time unit, (2) that sales of finished goods occur at the end of planning horizon, and (3) that product demand is a random variable. Then the phenomenon of optimal solution is discussed.
%U http://www.hindawi.com/journals/ijmms/2003/273967/abs/