Zero-Inventory Conditions for a Two-Part-Type Make-to-Stock Production System.
Michael H. VeatchFrancis de VéricourtPublished in: Queueing Syst. Theory Appl. (2003)
Keyphrases
- production system
- inventory level
- production rate
- multistage
- inventory policy
- optimal production
- production process
- lost sales
- production capacity
- production rules
- planning horizon
- material handling
- sufficient conditions
- lead time
- spare parts
- certainty factor
- dynamic pricing
- fixed cost
- supply chain
- production line
- inventory control
- multiprocessor architecture
- admission control
- control structure
- lot sizing
- stock market
- dynamic programming
- expert systems
- artificial intelligence
- order quantity
- expected cost
- service level
- optimal policy
- state space