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- W2078043325 abstract "A dynamic optimization model is formulated to derive the optimal mix of output achieved manually and from automatic equipment. Therefore, the composition of the productive capacity is obtained for a firm over time. The actual times and levels at which automation should be acquired and the levels of change in manual output are determined over the planning horizon. Optimal policies are derived in order to minimize costs associated with deviation from the goal levels of total output, acquiring automation, changing the level of manual output, operating automation and operating manual equipment over time. Ordinary and impulsive optimal control theory techniques are applied to obtain solutions." @default.
- W2078043325 created "2016-06-24" @default.
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- W2078043325 date "1986-07-01" @default.
- W2078043325 modified "2023-09-27" @default.
- W2078043325 title "The optimal times and levels of impulsive acquisition of automation" @default.
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- W2078043325 doi "https://doi.org/10.1002/oca.4660070304" @default.
- W2078043325 hasPublicationYear "1986" @default.
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