Optimal production lot size under backup agreement allowing substitute products.
Wen-Chin TsaiChih-Hsiung WangPublished in: RAIRO Oper. Res. (2020)
Keyphrases
- lot size
- raw material
- planning horizon
- production process
- production cost
- total cost
- production planning
- production line
- lot sizing
- production rate
- lead time
- infinite horizon
- production system
- multistage
- finite horizon
- manufacturing systems
- supply chain
- expected cost
- setup cost
- inventory level
- random variables
- integer programming
- service level
- decision making
- knapsack problem
- complex systems
- inventory management
- optimal policy