A capital investment model for elastic demand and non-linear production capacity

G. T. Stevens, Hamid Parsaei

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

A methodology is developed that determines the most desirable capital investment under the conditions of an elastic demand that is time dependent and a non-linear production function. The methodology also identifies the optimum yearly production rates and unit selling prices. The methodology is implemented by a computer program.

Original languageEnglish
Pages (from-to)9-21
Number of pages13
JournalComputers and Industrial Engineering
Volume12
Issue number1
DOIs
Publication statusPublished - 1987
Externally publishedYes

    Fingerprint

ASJC Scopus subject areas

  • Information Systems and Management
  • Management Science and Operations Research
  • Industrial and Manufacturing Engineering
  • Applied Mathematics

Cite this