Production risk management system with demand probability distribution.
Kenji TanakaHiromichi AkimotoMasato InouePublished in: Adv. Eng. Informatics (2012)
Keyphrases
- probability distribution
- management system
- production cost
- production inventory
- lot size
- capacity planning
- production rate
- inventory level
- risk management
- random variables
- profit maximizing
- decision support system
- production system
- lead time
- risk measures
- bayesian networks
- high risk
- utility function
- life cycle
- posterior probability
- risk factors
- conditional independence
- product life cycle
- production process
- inventory policy
- distribution network
- single product
- production capacity
- portfolio optimization
- trust management
- decision making
- manufacturing systems
- production planning
- probabilistic model
- profit maximization
- risk averse
- inventory management
- dynamic pricing
- production line
- infinite horizon