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Production and Inventory Rationing in a Make-to-Stock System With a Failure-Prone Machine and Lost Sales

✍ Scribed by Cheng, T. C. E.; Gao, Chunyan; Shen, Houcai


Book ID
120966200
Publisher
IEEE
Year
2011
Tongue
English
Weight
360 KB
Volume
56
Category
Article
ISSN
0018-9286

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Stock-rationing policy for a make-to-sto
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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