| Article ID: | iaor19911141 |
| Country: | Netherlands |
| Volume: | 9 |
| Issue: | 6 |
| Start Page Number: | 383 |
| End Page Number: | 387 |
| Publication Date: | Nov 1990 |
| Journal: | Operations Research Letters |
| Authors: | Gerchak Yigal, Grosfeld-Nir Abraham |
| Keywords: | production |
When yield is random and production is in lots, several successive lots may need to be attempted in order to satisfy a rigid demand. This problem is investigated using the ‘stochastically proportional’ yield concept which does not assume independence of units in a lot. The functional equation is shown to have