J. Voros et F. Szidarovszky, Determining the production order of two seasonal products under capacity constraint, INT J PRO E, 73(2), 2001, pp. 117-122
In this paper the production sequence of two seasonal products is analyzed
when the parameters of demand forecasts are not certainly known in advance.
The accuracy of these forecasts improves as the season is approached, howe
ver, the expected demand remains a probability variable when production dec
isions are made on the production order, and volume of the products at the
beginning of the planning horizon. The novel side of the approach applied i
n this paper is a capacity constraint, inserted into the analyses in which
the production volume depends on a probability variable, namely on the expe
cted demand. (C) 2001 Elsevier Science B.V. All rights reserved.