Optimal production policy with shelf-life including shortages: a comment.
Leopoldo Eduardo Cárdenas-BarrónPublished in: J. Oper. Res. Soc. (2006)
Keyphrases
- optimal production
- planning horizon
- production process
- production system
- expected cost
- optimal policy
- supply chain
- inventory management
- manufacturing systems
- production rate
- lot sizing
- total cost
- production planning
- stochastic demand
- service level
- lead time
- state dependent
- infinite horizon
- inventory models
- raw material
- single product
- inventory policy
- random variables
- type ii
- cost function
- lot size
- finite horizon
- production cost
- markov decision processes
- single item
- fixed cost
- multi item
- production line
- integer programming
- multistage
- probability distribution
- reinforcement learning