Article ID: | iaor19911263 |
Country: | United States |
Volume: | 38 |
Issue: | 4 |
Start Page Number: | 189 |
End Page Number: | 195 |
Publication Date: | Jul 1990 |
Journal: | Operations Research |
Authors: | Srikanth K.N., Dada Maqbool |
This paper analyzes a multiperiod production planning model which incorporates pricing decisions and learning effects. The authors provide a partial characterization of the optimal policy. This result, combined with a simple algorithm, is used to find the optimal solution in special cases and near-optimal solutions for the general case.