Heuristic inventory policies for a hybrid manufacturing/remanufacturing system with product substitution.
S. Sebnem AhiskaFethullah GocerRussell E. KingPublished in: Comput. Ind. Eng. (2017)
Keyphrases
- production planning
- inventory holding costs
- inventory policy
- optimal production
- operating costs
- supply chain
- production cost
- setup cost
- production process
- inventory models
- infinite horizon
- planning horizon
- lead time
- mixed integer programming
- raw material
- manufacturing systems
- lot sizing
- product design
- dynamic programming
- expected profit
- optimal solution
- production system
- integer programming
- knapsack problem
- product quality
- manufacturing process
- multi item
- production line
- optimal policy
- total cost
- single period
- expected cost
- reinforcement learning