1# Library to Find Best eBook for Read
Author : Jean Jaskold Gabszewicz
Release : 1971
Genre :
Kind : eBook
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Book Synopsis Optimal Capacity Expansion Under Growing Demand and Technological Progress by : Jean Jaskold Gabszewicz
Download or read book Optimal Capacity Expansion Under Growing Demand and Technological Progress written by Jean Jaskold Gabszewicz. This book was released on 1971. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Nattapol Pornsalnuwat
Release : 2002
Genre :
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Book Synopsis Capacity Expansion with Technological Change by : Nattapol Pornsalnuwat
Download or read book Capacity Expansion with Technological Change written by Nattapol Pornsalnuwat. This book was released on 2002. Available in PDF, EPUB and Kindle. Book excerpt: Technological change is an important factor in capacity expansion problem. Its effect includes decreasing the unit cost of a product that provides capacity, thus it reduces the present worth cost of the expanded capacity. We study its impact by formulating dynamic programming models for several capacity expansion cases according to the types of demand growth, the existence of lead-time for construction, and incorporation of technological change. The objective function for the optimal policy is the total cost of expansion over an infinite time horizon. In the case without lead-time for construction, the calculation results show that technological change encourages the optimal policy to expand capacity at shorter time intervals between each successive expansion. In the case with lead-time for construction, the results show that the optimal policy for capacity expansion is to expand at shorter time intervals between each successive expansion with smaller expansion size. However, the optimal timing parameter is more sensitive to the penalty factor for capacity shortage than the technological parameters. On the other hand, the optimal sizing parameter is more sensitive to the technological parameters than the shortage penalty.
Author : Anthony M. Marino
Release : 1976*
Genre : Industrial capacity
Kind : eBook
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Book Synopsis Optimal Capacity Expansion with Economies of Scale and Growing Demand by : Anthony M. Marino
Download or read book Optimal Capacity Expansion with Economies of Scale and Growing Demand written by Anthony M. Marino. This book was released on 1976*. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Malcolm W. Kirby
Release : 1970
Genre : Economic policy
Kind : eBook
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Book Synopsis Optimal Policies for Capacity Expansion Under Known Demand Growth by : Malcolm W. Kirby
Download or read book Optimal Policies for Capacity Expansion Under Known Demand Growth written by Malcolm W. Kirby. This book was released on 1970. Available in PDF, EPUB and Kindle. Book excerpt: The paper is concerned with optimal policies for a sequence of discrete capacity expansions in response to expected growth in demand over an arbitrary time interval. Demand refers to a single commodity. For each expansion, there are two decision variables: the size of the expansion and the time at which it occurs. Capacity expansion over time is a step function. Discounting is continuous. The problem is analogous to a class of inventory problems in which order quantities are substituted for capacity increases.
Author : Mohammed H. Dore
Release : 2015-03-26
Genre : Business & Economics
Kind : eBook
Book Rating : 271/5 ( reviews)
Book Synopsis Dynamic Investment Planning (Routledge Revivals) by : Mohammed H. Dore
Download or read book Dynamic Investment Planning (Routledge Revivals) written by Mohammed H. Dore. This book was released on 2015-03-26. Available in PDF, EPUB and Kindle. Book excerpt: In dynamic investment planning the time of investment is a significant issue. By simplifying the mathematical notation, the author of this book seeks to make control theory a practical tool that can be applied to the problem of timing. The book, first published in 1977, begins with an introduction to one important approach to control theory – dynamic programming. Then some of the relevant literature that deals with investment decision-making is reviewed. This is followed by a mathematically formulated planning model. The computational aspects of the model are discussed and a complete computer flow chart is given. The second part of the book gives a thorough application of the theory by means of a detailed case study – the planning of a steel industry. The case study illustrates how a fairly abstract dynamic analysis can be effectively integrated with practical decision-making concerns. This book is ideal for students of economics and business.
