Sustainable multi-biofuel production with stochastic lead time and optimum energy utilization under flexible manufacturing.
Biswajit SarkarShu-Kai S. FanSarla PareekBablu MridhaPublished in: Comput. Ind. Eng. (2024)
Keyphrases
- lead time
- assembly systems
- lot size
- optimal base stock levels
- inventory level
- supply chain
- setup cost
- lot sizing
- base stock policy
- inventory systems
- single product
- service level
- periodic review
- production planning
- infinite horizon
- inventory costs
- single item
- random variables
- base stock policies
- planning horizon
- production cost
- production process
- demand distributions
- cost reduction
- total cost
- production inventory
- stochastic lead times
- stochastic optimization
- inventory control
- customer demand
- production system
- production rate
- dynamic programming
- single stage
- holding cost
- data mining
- upper bound
- lost sales
- reinforcement learning