Optimal Production Policy for a Volume-Flexibility Supply-Chain System.
Ding-zhong FengLi-bin ZhangPublished in: ICIC (2) (2005)
Keyphrases
- optimal production
- supply chain
- inventory management
- planning horizon
- inventory policy
- supply chain management
- production process
- lead time
- service level
- inventory models
- production system
- decision making
- optimal policy
- single product
- raw material
- customer demand
- expected cost
- inventory control
- state dependent
- total cost
- lot size
- random variables
- sufficient conditions
- state space
- objective function