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- W2032471423 abstract "ABSTRACT A mathematical model is developed for determining the optimal sequence of expansions for a processing industry. The demand for the output is increasing over time at a geometric rate. The economic objective is minimization of the present worth of the total system cost to meet this growing demand. The cost includes the expenditure for development and operation of local plants and the cost of importing products when the supply from these plants is not adequate to meet the demand. For illustrative purposes the model is applied to find the expansion strategy for the primary aluminum industry in Argentina." @default.
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- W2032471423 modified "2023-09-23" @default.
- W2032471423 title "An Optimal Strategy for Capacity Expansion" @default.
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- W2032471423 doi "https://doi.org/10.1080/00137917208902703" @default.
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