Capacity and Production Managment in a Single Product Manufacturing System.
Jian-Qiang HuPirooz VakiliLei HuangPublished in: Ann. Oper. Res. (2004)
Keyphrases
- manufacturing systems
- single product
- optimal production
- production inventory
- production cost
- production rate
- revenue management
- market demand
- fixed cost
- planning horizon
- manufacturing processes
- production process
- total cost
- inventory level
- lot sizing
- customer demand
- finite horizon
- petri net
- lead time
- capacity expansion
- raw material
- production system
- complex systems
- production scheduling
- inventory management
- expected cost
- supply chain
- multi item
- holding cost
- lot size
- assembly line
- optimal policy
- inventory control
- inventory systems
- dynamic pricing
- periodic review
- production line
- infinite horizon
- markov decision processes