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A Stochastic Production-Inventory Model in a Two-State Production System With Inventory Deterioration, Rework Process, and Backordering.
Nan Li
Felix T. S. Chan
Sai Ho Chung
Allen H. Tai
Published in:
IEEE Trans. Syst. Man Cybern. Syst. (2017)
Keyphrases
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production system
production rate
production inventory
objective function
production process
knowledge base
cost function
multistage
stochastic model
state dependent
inventory level