| Article ID: | iaor19981635 |
| Country: | India |
| Volume: | 18 |
| Issue: | 2 |
| Start Page Number: | 247 |
| End Page Number: | 260 |
| Publication Date: | May 1997 |
| Journal: | Journal of Information & Optimization Sciences |
| Authors: | Teruhisa Nakai |
We consider a production management problem of maximizing the expected total reward when multiple sorts of items are produced under a restriction for utilizable materials. The optimal policy is derived and its economical interpretation is given. For some special demand distribution function more concrete solutions are obtained.