Optimal Control of a Two-Station Tandem Production/Inventory System.
Michael H. VeatchLawrence M. WeinPublished in: Oper. Res. (1994)
Keyphrases
- optimal control
- production inventory
- infinite horizon
- control problems
- finite horizon
- dynamic programming
- production rate
- base stock policy
- assembly line
- single product
- inventory level
- stochastic demand
- single item
- control strategy
- production planning
- average cost
- optimal control problems
- reinforcement learning
- lost sales
- fixed cost
- markov decision process
- control system
- total cost
- periodic review
- knapsack problem
- supply chain
- decision making