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

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