The problem of choosing an optimal initial capacity expansion from a finite number of durable facility sizes is affected by potential future expansion decisions. As we consider such expansions over longer and longer study horizons, the optimal initial facility choice can fluctuate due to...

1 Introduction -- 2 The Calculus of Variations -- 3 Boundary Conditions in Variational Problems -- 4 Second Variations and Sufficiency Conditions -- 5 Optimal Control: The Variational Approach -- 6 Constrained Optimai Control Problems -- 7 Linear Optimal Control -- 8 Stabilization Control Models...

Although it is often the case that the parameters of the distribution of demand are not known with certainty and that a Bayesian formulation would be appropriate, such an approach is generally not used in inventory calculations for computational reasons. Since one often resorts to a non-Bayesian...

Previous work dealt with the problems of nervousness in Material Requirements Planning (MRP) Systems when production schedules were modified to include setups which previously had not been scheduled. In this work we further examine nervousness and its cost. By modifying the setup costs used in...