A capital investment model for elastic demand and non-linear production capacity Academic Article uri icon

abstract

  • A methodology is developed that determines the most desirable capital investment under the conditions of an elastic demand that is time dependent and a non-linear production function. The methodology also identifies the optimum yearly production rates and unit selling prices. The methodology is implemented by a computer program. © 1987.

author list (cited authors)

  • Stevens, G. T., & Parsaei, H. R.

citation count

  • 1

publication date

  • January 1987