Research Reports from the Department of Operations
Document Type
Report
Publication Date
7-1-1965
Abstract
This study explores optimization procedures for scheduling production under deterministic demand. An objective function minimizes production rates and inventory costs, modeled as convex, differentiable functions. The derived optimal schedule balances production and inventory levels, ensuring proportional adjustments across periods. The findings offer a mathematical framework for efficient production planning and inventory management.
Keywords
Stochastic processes, Operations research, Production scheduling, Mathematical optimization, Production planning
Publication Title
Technical Memorandums from the Department of Operations, School of Management, Case Western Reserve University
Issue
Technical memorandum no. 27
Rights
This work is in the public domain and may be freely downloaded for personal or academic use
Recommended Citation
Symonds, Gifford H., "Stochastic Scheduling - Part III Optimization Procedures" (1965). Research Reports from the Department of Operations. 560.
https://commons.case.edu/wsom-ops-reports/560