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- W1987018473 abstract "We develop a solution approach for finding the sequencing of a finite set of capacity expansion projects that minimizes total discounted operating and investment costs. Variable operating costs are specified through a general continuous-time function that requires projects to be competitive in a certain sense. This definition for operating costs allows the use of an optimization submodel, such as a multilocation distribution problem, to determine operating decisions. The general formulation includes several simple sequencing problems as special cases. The solution approach addresses a relaxed problem formulation that incorporates economic criteria for determining project timing decisions, and we show that a properly defined solution to the relaxed formulation solves the original problem. We also develop several refinements to the basic solution approach." @default.
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- W1987018473 date "1977-12-01" @default.
- W1987018473 modified "2023-10-18" @default.
- W1987018473 title "Sequencing Competitive Expansion Projects" @default.
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- W1987018473 doi "https://doi.org/10.1287/opre.25.6.937" @default.
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