Optimal control of a production inventory system with deteriorating items.
Lotfi TadjMessaoud BounkhelYacine BenhadidPublished in: Int. J. Syst. Sci. (2006)
Keyphrases
- optimal control
- production inventory
- infinite horizon
- finite horizon
- single product
- dynamic programming
- control problems
- base stock policy
- control strategy
- stochastic demand
- optimal control problems
- lost sales
- production rate
- single item
- average cost
- production planning
- reinforcement learning
- inventory level
- lead time
- steady state
- markov decision process
- fixed cost
- manufacturing systems