Jointly optimizing lot sizing and maintenance policy for a production system with two failure modes.
Kaiye GaoRui PengLi QuShaomin WuPublished in: Reliab. Eng. Syst. Saf. (2020)
Keyphrases
- lot sizing
- production system
- failure modes
- multistage
- optimal production
- optimal policy
- production rate
- planning horizon
- single item
- multi item
- rolling horizon
- production process
- finite horizon
- production planning
- dynamic programming
- mixed integer programming
- fixed cost
- inventory systems
- cutting stock
- holding cost
- single stage
- ordering cost
- markov decision processes
- average cost
- lot size
- infinite horizon
- multiprocessor architecture
- setup cost
- periodic review
- reinforcement learning
- long run
- inventory policy
- inventory models
- cost function
- single product
- learning algorithm
- state dependent
- expert systems
- expected cost
- asymptotically optimal
- markov decision process