Optimal production cycles, procurement schedules, and joint investment in an imperfect production system.
Jae-Dong HongPublished in: Eur. J. Oper. Res. (1997)
Keyphrases
- production system
- optimal production
- production process
- production rate
- expected cost
- multistage
- long run
- planning horizon
- expert systems
- decision making
- supply chain management
- inventory level
- scheduling problem
- inventory management
- manufacturing systems
- production line
- raw material
- objective function
- optimal policy
- state dependent
- stochastic demand