INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS, vol.55, no.1, pp.87-96, 1998 (SCI-Expanded)
Article / Article
INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS
Science Citation Index Expanded (SCI-EXPANDED), Scopus
multi-product multi-period problem, LP model, stochastic linear optimisation
Gazi University Affiliated:
The subject of this paper is to study a realistic planning environment for a multi-product multi-period problem with stochastic demand. We develop here a new demand stochastic LP model based mainly on the two-stage deterministic equivalent problem. In this paper, the normally distributed stochastic demand is approximated by a discrete approximation method. (C) 1998 Elsevier Science B.V. All rights reserved.