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Note--A Dynamic Programming Approach to Capacity Expansion with Specialization

The capacity expansion problem with specialization involves two classes of growing demand and two types of capacity. One type of capacity can supply both demands, while the second can supply only one. The specialization problem is an extreme case of the multilocation capacity expansion problem, and...

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Bibliographic Details
Published in:Management science 1974-11, Vol.21 (3), p.360-362
Main Author: Erlenkotter, Donald
Format: Article
Language:English
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Summary:The capacity expansion problem with specialization involves two classes of growing demand and two types of capacity. One type of capacity can supply both demands, while the second can supply only one. The specialization problem is an extreme case of the multilocation capacity expansion problem, and dynamic programming approaches for the multilocation problem can be adapted to solve the specialization problem.
ISSN:0025-1909
1526-5501
DOI:10.1287/mnsc.21.3.360