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On Production Smoothing

Author

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  • Morton Klein

    (Columbia University)

Abstract

The production planning model of Modigliani and Hohn and the smoothing model of Hoffman and Jacobs are combined. The most interesting result is that the horizon planning properties of the individual models are retained in the combined model. Methods are also given for the computation of optimal production schedules for certain kinds of requirements schedules.

Suggested Citation

  • Morton Klein, 1961. "On Production Smoothing," Management Science, INFORMS, vol. 7(3), pages 286-293, April.
    • Handle: RePEc:inm:ormnsc:v:7:y:1961:i:3:p:286-293
    DOI: 10.1287/mnsc.7.3.286
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    Cited by:

    1. Konur, Dinçer & Geunes, Joseph, 2016. "Supplier wholesale pricing for a retail chain: Implications of centralized vs. decentralized retailing and procurement under quantity competition," Omega, Elsevier, vol. 65(C), pages 98-110.
    2. Jin, Ming & DeHoratius, Nicole & Schmidt, Glen, 2017. "In search of intra-industry bullwhips," International Journal of Production Economics, Elsevier, vol. 191(C), pages 51-65.
    3. Robert L. Bray & Haim Mendelson, 2015. "Production Smoothing and the Bullwhip Effect," Manufacturing & Service Operations Management, INFORMS, vol. 17(2), pages 208-220, May.

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