Abstract
In this paper we consider a variant of the well known EPL model where the production rate is a decision variable. We show that the following response mechanism can be optimal, namely as a response to an increased demand rate to decrease the production rate.
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Larsen, C. Using a variable production rate as a response mechanism in the economic production lot size model. J Oper Res Soc 48, 97–99 (1997). https://doi.org/10.1057/palgrave.jors.2600336
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DOI: https://doi.org/10.1057/palgrave.jors.2600336