Type of Document	Master's Thesis
Author	Cormia, Carl W.
URN	etd-07242012-040114
Title	An economic optimization model for capacity expansion decisions
Degree	Master of Science
Department	Industrial Engineering and Operations Research
Advisory Committee	Advisor Name Title Nachlas, Joel A. Committee Chair Agee, Marvin H. Committee Member Mobre, Laurence J. Committee Member
Keywords	Industries
Date of Defense	1989-01-16
Availability	restricted
Abstract A model is developed to identify the optimal capital expansion decisions for producers of s consumable products. The model features an optional selection of corporate level in a product tree hierarchy and a choice of several optimizing objective functions. The model assumes that intermediate product demand is directly dependent on demand for consumable products. Intermediate product demands are derived from demand for consumable products using a product tree similar to a bill of materials. Restrictions exist on the productive capacity of all products in the product tree, and interdependences exist between producers of the various products. Likewise, the availability of labor limits production capacities for all products in the product tree. The capital available for the capacity expansions can either be capital equity or corporate debt. The model identities the expansion strategy which optimizes the chosen economic objective function. A case study is analyzed with linear programming software to determine the optimal expansion strategy for a tire manufacturer given a hypothetical market demand for automobile.s
Files	Filename       Size       Approximate Download Time (Hours:Minutes:Seconds)     28.8 Modem   56K Modem   ISDN (64 Kb)   ISDN (128 Kb)   Higher-speed Access  LD5655.V855_1989.C675.pdf 5.69 Mb 00:26:21 00:13:33 00:11:51 00:05:55 00:00:30 next to an author's name indicates that all files or directories associated with their ETD are accessible from the Virginia Tech campus network only.

If you have questions or technical problems, please Contact DLA.