Optimal production time and preservation technology investment for seasonal deteriorating products with a generalised ramp-type demand.
Haimanti PalSudarshan BardhanBibhas Chandra GiriPublished in: Int. J. Math. Oper. Res. (2021)
Keyphrases
- optimal production
- production process
- raw material
- inventory management
- production cost
- planning horizon
- production system
- production rate
- stochastic demand
- optimal policy
- expected cost
- manufacturing systems
- customer demand
- production line
- inventory policy
- inventory level
- state dependent
- long run
- lead time
- supply chain
- decision making
- infinite horizon
- single product
- lot size
- inventory control
- lot sizing
- total cost
- inventory models
- dynamic programming
- storage space