Abstract | ||
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Past requirements-planning research has typically assumed that the firms demands are determined prior to production planning. In contrast, we explore a single-stage planning model that implicitly decides, through pricing decisions, the demand levels the firm should satisfy in order to maximize contribution to profit. We briefly discuss solution methods and properties for these problems when production capacities are unlimited. The key result of this work is a polynomial-time solution approach to the problem under time-invariant finite production capacities and piecewise-linear and concave revenue functions in price. |
Year | DOI | Venue |
---|---|---|
2006 | 10.1287/opre.1050.0255 | Operations Research |
Keywords | Field | DocType |
concave revenue function,order selection,production planning,solution method,requirements planning,polynomial-time solution approach,single-stage planning model,demand level,production capacity,time-invariant finite production capacity,key result,firms demand,policies,production scheduling,planning,integer,programming,applications | Revenue,Production manager,Economics,Benefice,Concave function,Inventory control,Scheduling (production processes),Integer programming,Production planning,Operations management | Journal |
Volume | Issue | ISSN |
54 | 2 | 0030-364X |
Citations | PageRank | References |
22 | 1.14 | 12 |
Authors | ||
3 |
Name | Order | Citations | PageRank |
---|---|---|---|
Joseph Geunes | 1 | 308 | 28.72 |
H. Edwin Romeijn | 2 | 769 | 83.88 |
Kevin Taaffe | 3 | 74 | 9.53 |