Article ID: | iaor19941375 |
Country: | Hungary |
Volume: | 23 |
Start Page Number: | 71 |
End Page Number: | 80 |
Publication Date: | Jul 1992 |
Journal: | Szigma |
Authors: | Dobos Imre |
The aim of the paper is to investigate the linear production smoothing problem, in the case of continuous time. The author uses the well-known maximum principle for solving the problem. An algorithm can be constructed with the help of the necessary and sufficient conditions. The algorithm is a forward algorithm. The solution is monotone decreasing in the production rate. If a solution exists, there are cycles. A cycle consists of a constant and a demand rate term.