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DECISION RULES IN PRODUCTION PLANNING UNDER CHANGE-CONSTRAINED SALES*
Authors:S. K. Gupta  J. K. Sengupta
Abstract:
Alternative decision rules for aggregate production scheduling are specified here under chance-constrained sales and compared with the HMMS model. These rules are evaluated for their performance on the basis of simulated data on sales and it is found that the linear decision rules of the HMMS model can be considerably improved.
Keywords:
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