Optimal Control of Nonsmooth Production Systems with Deteriorating Items, Stock-Dependent Demand, with or without Backorders.
Messaoud BounkhelLotfi TadjYacine BenhadidRamdane HedjarPublished in: Symmetry (2019)
Keyphrases
- production system
- optimal control
- inventory policy
- lot size
- inventory level
- lost sales
- multistage
- production process
- infinite horizon
- dynamic programming
- planning horizon
- control problems
- control strategy
- finite horizon
- holding cost
- feedback control
- lot sizing
- optimal control problems
- base stock policy
- multiprocessor architecture
- certainty factor
- reinforcement learning
- lead time
- production planning
- inventory models
- inventory systems
- fixed cost
- stochastic demand
- inventory control
- inventory management
- average cost
- single stage
- total cost
- variational inequalities
- production cost
- periodic review
- single product
- expert systems
- single item
- learning algorithm