The linear production smoothing problem

The linear production smoothing problem

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Article ID: iaor19941375
Country: Hungary
Volume: 23
Start Page Number: 71
End Page Number: 80
Publication Date: Jul 1992
Journal: Szigma
Authors:
Abstract:

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.

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