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Coordinating production and recycling decisions with stochastic demand and return

โœ Scribed by Jianmai Shi; Guoqing Zhang; Jichang Sha; Saman Hassanzadeh Amin


Book ID
107384163
Publisher
SP Systems Engineering Society of China
Year
2010
Tongue
English
Weight
412 KB
Volume
19
Category
Article
ISSN
1004-3756

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โœ E. K. Boukas; P. Shi; A. Andijani ๐Ÿ“‚ Article ๐Ÿ“… 1999 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 169 KB

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