An optimal operating policy for the production system with rework.
Ning LiuYoung Joo KimHark HwangPublished in: Comput. Ind. Eng. (2009)
Keyphrases
- production system
- markov decision
- optimal production
- production process
- multistage
- inventory policy
- admission control
- multiprocessor architecture
- certainty factor
- optimal policy
- production rate
- asymptotically optimal
- control structure
- state dependent
- expected cost
- production rules
- material handling
- allocation policy
- buffer allocation
- expert systems
- production line
- inventory management
- simulation software
- dynamic programming
- optimal solution
- planning horizon
- optimal strategy
- lot streaming