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Production and Inventory Control in a Chemical Process

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  • Russell L. Ackoff

    (Case Institute of Technology, Cleveland, Ohio)

Abstract

A great deal of research effort has been directed towards the construction of mathematical models for representing the cost of production in terms of pertinent variable factors. But having the model does not guarantee that it is economical, or even feasible, to use it for control purposes. This paper describes how a model was constructed for a complex chemical process, and why the use of the model was abandoned in favor of a simple operating scheduling rule. Operations Research , ISSN 0030-364X, was published as Journal of the Operations Research Society of America from 1952 to 1955 under ISSN 0096-3984.

Suggested Citation

  • Russell L. Ackoff, 1955. "Production and Inventory Control in a Chemical Process," Operations Research, INFORMS, vol. 3(3), pages 319-338, August.
    • Handle: RePEc:inm:oropre:v:3:y:1955:i:3:p:319-338
    DOI: 10.1287/opre.3.3.319
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