Optimal Capacity Expansion under Uncertainty

Capacity expansion is the process of providing new facilities over time to meet rising demand. A general mathematical model of this process is presented, incorporating uncertain future demand (including the possibility of 'surprises'), non-zero lead times and random cost overruns. In this...

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Bibliographische Detailangaben

Veröffentlicht in:	Advances in Applied Probability. - Applied Probability Trust. - 19(1987), 1, Seite 156-176
1. Verfasser:	Davis, M. H. A. (VerfasserIn)
Weitere Verfasser:	Dempster, M. A. H., Sethi, S. P., Vermes, D.
Format:	Online-Aufsatz
Sprache:	English
Veröffentlicht:	1987
Zugriff auf das übergeordnete Werk:	Advances in Applied Probability
Schlagworte:	Stochastic control theory Piecewise-deterministic processes Dynamic programming Mathematics Economics Business Applied sciences Behavioral sciences