Multistage stochastic programming is a key technology for making decisions over time in an uncertain environment. One of the promising areas in which this technology is implementable, is medium term planning of electricity production and trading where decision makers are typically faced with uncertain parameters (such as future demands and market prices) that can be described by stochastic proc...

todays, parallel to growing in acceptance of functional products, various additives are used to improve the characteristics of functional food products. the coenzyme q10 is an essential component for energy conversion and production of adenosine triphosphate (atp) in the membranes of all body cells and organelles, especially the inner mitochondrial membrane is found. coenzyme q10 plays a vital ...

Economic lot size scheduling problem (ELSP) for a multi-product single machine system is a classical problem. This paper considers ELSP with budgetary constraint as an important aspect of such systems. In the real world situations the available funds for investment in inventory is limited. By adopting the common cycle time approach to ELSP, we obtain the optimal common cycle which minimizes the...

This paper presents a new mathematical programming model for the bi-criteria mixed-model assembly line balancing problem in a just-in-time (JIT) production system. There is a set of criteria to judge sequences of the product mix in terms of the effective utilization of the system. The primary goal of this model is to minimize the setup cost and the stoppage assembly line cost, simultaneously. B...