Optimal Capacity Expansion and Operation with Alternative Financing

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This paper is concerned with the optimal control of dynamic expansion and operation of a single capacity under deterministic demand. Three cases of financing mode are considered : unlimited borrowing, debt aversion, and self financing. Using the net revenue as the objective function, the optimal paths of production and investment are analytically derived.
Publisher
대한산업공학회
Issue Date
1982
Language
English
Citation

대한산업공학회지, v.8, no.1, pp.61 - 67

ISSN
1225-0988
URI
http://hdl.handle.net/10203/56878
Appears in Collection
MT-Journal Papers(저널논문)
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