Optimal production run time for two-stage production system with imperfect processes and allowable shortages.
Wen Lea PearnRung-Hung SuMing-Wei WengChang-Hsien HsuPublished in: Central Eur. J. Oper. Res. (2011)
Keyphrases
- production system
- optimal production
- planning horizon
- production process
- multistage
- production rate
- optimal policy
- expert systems
- expected cost
- supply chain
- production planning
- manufacturing systems
- raw material
- stochastic processes
- infinite horizon
- production line
- service level
- random variables
- state space
- cost function