Flexible supply policy with options and capacity constraints

Authors:
Ningxiong Xu
Affiliations:
School of Civil and Environmental Engineering, Cornell University, Ithaca, NY 14853-3501, USA
Venue:
Operations Research Letters
Year:
2006

Citing 7
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Abstract

This paper considers a class of multi-period flexible supply policies with options and capacity constraints. The main results are to characterize the optimal ordering and purchasing options policy and the minimum expected cost in a period and thereafter under the assumptions about the options and ordering quantities.