Optimal Strategies in Capacity Expansion,
Abstract
The report deals with a capacity expansion problem. Given a certain increasing demand function for a product or a service and the costs of operating processing plants of different sizes, the problem is to find the optimal size of the plants to be built and their optimal installation times in order that the present value of all future costs incurred is a minimum. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 01, 1970
- Accession Number
- AD0717085
Entities
People
- Avadhesh K. Nigam
Organizations
- University of California, Berkeley