Control of a production system with variable yield and random demand
โ Scribed by Mahmut Parlar; Yigal Gerchak
- Publisher
- Elsevier Science
- Year
- 1989
- Tongue
- English
- Weight
- 822 KB
- Volume
- 16
- Category
- Article
- ISSN
- 0305-0548
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
The control of manufacturing systems with variable demands has attracted much research attention over the years. However, only limited results have been obtained due to the difficulty of this productioncontrol problem. In this paper, genetically optimized short-run hedging points are used to constru
This paper deals with the inventory-production control problem where the produced items are supposed to be deteriorating with a rate that depends on the stochastic demand rate. The inventory-production control problem is formulated as a jump linear quadratic control problem. The optimal policy that