Production/inventory systems with a stochastic production rate under a continuous review policy.

Bezalel Gavish Stephen C. Graves

Published in: Comput. Oper. Res. (1981)

Keyphrases

production inventory
production rate
production system
optimal production
production process
lot sizing
state dependent
production cost
single product
manufacturing systems
failure rate
fluid model
complex systems
assembly line
dynamic programming
lost sales
infinite horizon