Thesis--University of Wisconsin--Madison. / Typescript. Vita. eContent provider-neutral record in process. Description based on print version record. Includes bibliographical references (leaves 254-263).

We show that, under certain conditions, instead of solving stochastic capacity expansion problems, we will obtain the same optimal solution by solving deterministic equivalent problems. Since only the first decision must be implemented immediately, knowing the optimal first decision is nearly as good as knowing the entire optimal sequences. Hence if we can solve the problem with 'big enough' finite horizon such that the first decision remains optimal for longer than this finite horizon, then we identify the 'big enough' finite horizon as forecast horizon. The forward dynamic programming recursion can be used to solve a finite horizon problem. An efficient forward algorithm has been developed to obtain the first optimal decision and forecast horizon. A heuristic algorithm also has been derived to prove an initial decision is within known error bound of the optimal first decision. Several examples are examined to investigate how a decision will be affected by randomness. (Abstract shortened with permission of author.)

Thesis (M.S.)--Virginia Polytechnic Institute and State University, 1994. / Vita. Abstract. Includes bibliographical references (leaves 65-68). Also available via the Internet.

Thesis (Ph.D.)--Murdoch University, 2005. / Thesis submitted to the Division of Science and Engineering. Includes bibliographical references (leaves 335-346).

No description available.

In this thesis, we corroborate that the optimality in discounted profit setting is attained by a threshold policy which consists of base stock level and price switch thresholds. And we prove that the optimality and the structured properties of the optimal policy are inherit to the average profit setting. Furthermore, we find that the optimal policy in average profit setting is a piece-wise constant, left continuous and increasing function of the contractual sales rate, and the optimal average profit is a concave function about the contractual sales rate. More importantly, we evaluate the long-term contract with average profit criterion and provide an optimal supply curve, which is a strictly increasing function of contractual sales price. Manufacturer can use the curve as a baseline to negotiate a contract with contractual customer, who may present a demand curve. In addition, we extend the main results to an emergent supply mode, and we find that the optimal average profit is not only a concave function of contractual sales rate, but also an increasing concave function of the sales rate when the contractual purchase price is postulated to be higher than the additional penalty cost. / Keywords. Make-to-stock production mode, Capacity allocation, Production control, Retailing system, Demand process management, Dynamic pricing, Contract evaluation, Finished goods inventory management, Demand curve, Supply curve, Poisson process. / This thesis investigates a situation in which a manufacturing system produces a single item in make-to-stock mode with controllable production capability and sells the product through two independent marketing channels: a long-term contractual sales channel with constant prices and sales rate pre-specified by primary negotiation, and another retail market with dynamic prices specified by the manufacturer. In this setting, maximizing the long run average (or total) profit not only depends on joint management of the finished goods inventory and demand processes, but more importantly, depends on capacity allocation between these two sales channels. / Chen Liuxin. / "August 2006." / Adviser: Yonyi Feng. / Source: Dissertation Abstracts International, Volume: 68-03, Section: B, page: 1909. / Thesis (Ph.D.)--Chinese University of Hong Kong, 2006. / Includes bibliographical references (p. 110-117). / Electronic reproduction. Hong Kong : Chinese University of Hong Kong, [2012] System requirements: Adobe Acrobat Reader. Available via World Wide Web. / Electronic reproduction. [Ann Arbor, MI] : ProQuest Information and Learning, [200-] System requirements: Adobe Acrobat Reader. Available via World Wide Web. / Abstracts in English and Chinese. / School code: 1307.

Thesis (M.S.)--State University of New York at Binghamton, Thomas J. Watson School of Engineering and Applied Science, Department of Systems Science and Industrial Engineering, 2007. / Includes bibliographical references.

No description available.

by Jan, Ting-Wai and Ng, To-Tung. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1998. / Includes bibliographical references (leaves 66-67). / ABSTRACT --- p.i / TABLE OF CONTENTS --- p.ii / LIST OF FIGURES --- p.iv / LIST OF TABLES --- p.v / CHAPTER / Chapter I --- INTRODUCTION --- p.1 / Objective --- p.1 / The Industrial Gases Industry --- p.1 / The Products --- p.2 / Competition within an Industrial Park --- p.3 / A SCENARIO IN THE INDUSTRY --- p.3 / Chapter II --- DESIGN OF THE GAME --- p.4 / The Environment --- p.4 / The Time Line --- p.5 / The Game in Extensive Form --- p.7 / Chapter III --- EVALUATION OF THE EXPECTED PAYOFFS --- p.10 / Payoff criterion: Net Present Value Vs Internal Rate of Return --- p.10 / Calculation of Payoffs at End Nodes --- p.12 / Cash Flow Assumptions --- p.13 / The Product Selling Price --- p.13 / Utilities Consumption in Relation to Plant Utilization --- p.14 / Chapter IV --- ANALYSIS OF THE GAME --- p.16 / The First Iteration --- p.16 / The Right Side of the Tree --- p.17 / The Left Side of the Tree --- p.18 / Payoffs of Portion A (Investment Options) --- p.19 / If Firm F2 sells at Year -1 --- p.20 / Is It a Fair Deal for Firm F1 at Node 4? --- p.21 / Can Firm F2 Increase Its Payoff at Year -1 ? --- p.22 / Determine a New Product Selling Price Between Firms F1 and F2 --- p.24 / Revised Expected Payoffs for Nodes 6 to 9 at Year-1 --- p.25 / The second Iteration (Final Outcome) --- p.27 / Risk if Firms Make Irrational Decisions --- p.27 / Chapter V --- INDUSTRY PRACTICE IN LONG TERM CAPACITY PLANNING --- p.29 / The Decision Tree of Firm F1 --- p.29 / The Decision Tree of Firm F2 --- p.30 / The Implications of Making Decisions Based on Individual Decision Trees --- p.31 / By Firm F1 and F2 --- p.31 / Chapter VI --- CONCLUSION --- p.33 / APPENDIX A SUMMARY OF ASSUMPTIONS IN CASH FLOW --- p.34 / APPENDIX B SUMMARY OF CASH FLOW FOR VARIOUS PAYOFFS AT FIRST ITERATION --- p.35 / APPENDIX C SUMMARY OF CASH FLOW FOR VARIOUS PAYOFFS FOR FINAL OUTCOME --- p.55 / BIBLIOGRAPHY --- p.66

The relevance of domestic and foreign capacity utilization rates in forecasting future inflation rate has been investigated empirically, using five industrialized countries for which the comparable data are available. It has been found that capacity utilization rates, both domestic and foreign, have a long run stable relationship with domestic inflation rate and a positive shock in the capacity utilization rate results in a significant, although a little bit delayed, acceleration in the domestic inflation rate. Various econometric techniques have been used and led to consistent empirical findings. The results in the present study, therefore, dispute the claim that an increase in capacity utilization rate may not necessarily lead to an accelerated inflation down the road. / Graduation date: 1995