An improved solution to replenishment lot size problem with discontinuous issuing policy and rework, and the multi-delivery policy into economic production lot size problem with partial rework.
Leopoldo Eduardo Cárdenas-BarrónAta Allah TaleizadehGerardo Treviño-GarzaPublished in: Expert Syst. Appl. (2012)
Keyphrases
- lot size
- inventory costs
- finite horizon
- total cost
- infinite horizon
- lead time
- optimal policy
- single product
- lot sizing
- holding cost
- production planning
- production cost
- long run average cost
- production process
- mixed integer programming
- planning horizon
- markov decision processes
- multistage
- supply chain
- optimal solution
- setup cost
- lost sales
- stochastic demand
- average cost
- long run
- inventory level
- expected cost
- finite state
- raw material
- state space
- dynamic programming
- markov decision process
- optimal control
- production rate
- production system