) policy with setup reduction in a single-stage batch manufacturing system.
Jae-Dong HongJack C. HayyaPublished in: Comput. Oper. Res. (1992)
Keyphrases
- manufacturing systems
- single stage
- setup cost
- production cost
- multistage
- inventory systems
- optimal production
- holding cost
- periodic review
- lost sales
- optimal policy
- flexible manufacturing systems
- petri net
- asymptotically optimal
- state dependent
- stochastic optimization
- complex systems
- multi item
- production process
- lead time
- transportation problem
- lot sizing
- finite horizon
- stochastic demand
- production planning
- decision problems
- infinite horizon
- max min
- network flow
- production rate
- single product
- markov decision processes
- order quantity
- reinforcement learning
- inventory models
- average cost
- cost function