With fluctuating sales, a manufacturer must have fluctuating production, or fluctuating inventory, or both. Penalties are associated with either type of fluctuation. Several papers place this problem ...

The paper focuses on multi-stage production systems. If such a system is of the more general type than a production line and many products have to be manufactured according to different technological ...

George B. Dantzig, the mathematician who invented the field of linear programming, which revolutionized the way government and private enterprise planned, scheduled and generally conducted their ...