Robust policies for a multi-stage production/inventory problem with switching costs and uncertain demand.

Cong Cheng Lixin Tang

Published in: Int. J. Prod. Res. (2018)

Keyphrases

multistage
optimal policy
production system
lot sizing
single stage
dynamic programming
production rate
stochastic optimization
lost sales
average cost
inventory level
cost function
infinite horizon
stochastic demand
capacity expansion