The role of dynamic programming in the distribution of investment allocations between production lines with an application
At present,the ability to promote national economy by adjusting to political, economic,and technological variables is one of the largest challenges faced by organization productivity. This challenge prompts changes in structure and line productivity, given that cash has not been invested. Thus, th...
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| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Academic Publications
2016
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| Online Access: | http://psasir.upm.edu.my/id/eprint/53086/1/The%20role%20of%20dynamic%20programming%20in%20the%20distribution%20of%20investment%20allocations%20between%20production%20lines%20with%20an%20application.pdf http://psasir.upm.edu.my/id/eprint/53086/ https://ijpam.eu/contents/2016-106-2/2/ |
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| Summary: | At present,the ability to promote national economy by adjusting to political, economic,and technological variables is one of the largest challenges faced by organization
productivity. This challenge prompts changes in structure
and line productivity, given that cash has not been invested. Thus, the management searches for investment opportunities that have achieved the optimum value of the annual increases in total output value of the production
line workers in the laboratory. Therefore, the application
of dynamic programming model is adopted in this study by addressing the division of investment expenditures to cope with market-dumping policy and to strive non-stop production at work. |
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