Optimum adjustment policy for a product with two quality characteristics

Stock-rationing policy for a make-to-sto

Stock-rationing policy for a make-to-stock production system with two priority classes and backordering

✍ Albert Y. Ha 📂 Article 📅 1997 🏛 John Wiley and Sons 🌐 English ⚖ 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