ECONOMIC INVESTMENT TIMES FOR CAPACITY EXPANSION PROBLEMS

被引:6
作者
HIGLE, JL [1 ]
CORRADO, CJ [1 ]
机构
[1] UNIV MISSOURI,DEPT FINANCE,COLUMBIA,MO 65211
关键词
CAPACITY EXPANSION; STOCHASTIC DEMAND;
D O I
10.1016/0377-2217(92)90142-V
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
A simple rule for the determination of the optimal investment time for a capacity expansion problem is provided. Based on a general class of stochastic demand processes of practical interest, the timing rule is shown to be independent of the descriptive characteristics of the demand process, and thus, can be considered to be robust in nature.
引用
收藏
页码:288 / 293
页数:6
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