Optimal Production Planning in a Multi-Product Stochastic Manufacturing System with Long-Run Average Cost.
Suresh P. SethiW. SuoMichael I. TaksarH. YanPublished in: Discret. Event Dyn. Syst. (1998)
Keyphrases
- production planning
- production cost
- lot size
- long run average cost
- manufacturing systems
- infinite horizon
- inventory level
- shop floor
- lot sizing
- raw material
- production rate
- knapsack problem
- planning horizon
- integer programming
- optimal policy
- production process
- multi period
- setup cost
- mixed integer programming
- multi item
- petri net
- dynamic programming
- manufacturing process
- optimal control
- total cost
- finite horizon
- markov decision processes
- complex systems