An important problem confronting decision makers in modern organizations is the determination of an optimal product-mix (or service-mix) in situations where learning effects are present. Learning has been observed to exist in a variety of production and service situations in which the amount of...

Planning the allocation of scarce resources to competing activities over multiple time periods is one of the most important problems facing decision makers in modern organizations. Much of the previous research in this area has concentrated on the use of linear programming procedures and has...