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Contribution to Book
A Bang-Bang Approximation to the Solution of a Learning Augmented Planning Model
Cost Estimating and Analysis
(1992)
Abstract
In this paper we study production programs where a relatively small number of complex units are produced to contractual order, and unit costs fall over time in some systematic way. We call this situation made-to-order production. Aircraft production is a good example. We derive the time path of planned resource use and demonstrate how to obtain approximate solutions for these optimal trajectories. The use of the approximation avoids a “messy” nonlinear optimization problem while providing resource estimates.
Keywords
- Production Rate,
- Knowledge Creation,
- Time Path,
- Cumulative Output,
- Aircraft Production
Publication Date
1992
Editor
T.R. Gulledge, W.P. Hutzler & J.S. Lovelace
Publisher
Springer
DOI
10.1007/978-1-4612-2936-0_3
Citation Information
James R. Dorroh, Thomas R. Gulledge and Keith Womer. "A Bang-Bang Approximation to the Solution of a Learning Augmented Planning Model" New YorkCost Estimating and Analysis (1992) Available at: http://works.bepress.com/keith-womer/55/