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Optimal Rationing Policies and Production Quantities for Products with Several Demand Classes

โœ Scribed by Yigal Gerchak; Mahmut Parlar; Tony K.M. Yee

Book ID
114944982
Publisher
Wiley (John Wiley & Sons)
Year
2009
Tongue
English
Weight
726 KB
Volume
2
Category
Article
ISSN
0825-0383

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๐Ÿ“œ SIMILAR VOLUMES

Stock-rationing policy for a make-to-sto
Stock-rationing policy for a make-to-stock production system with two priority classes and backordering
โœ Albert Y. Ha ๐Ÿ“‚ Article ๐Ÿ“… 1997 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 102 KB

This article considers the problem of production control and stock rationing in a make-to-stock production system with two priority customer classes and backordering. The problem is formulated as a queueing control model. With Poisson arrivals and exponential production times, we show that the optim