Article ID: | iaor2005405 |
Country: | Netherlands |
Volume: | 33 |
Issue: | 1 |
Start Page Number: | 97 |
End Page Number: | 104 |
Publication Date: | Jan 2005 |
Journal: | Operations Research Letters |
Authors: | Smith Robert L., Schochetman Irwin E. |
Keywords: | planning, production |
For time-varying deterministic infinite horizon control problems, we provide conditions for the existence of efficient solutions, i.e., solutions which are optimal to each of the states through which they pass. A sufficient condition is that the mappings from controls to states be open. Applications to production planning are considered.