Optimal policy for production systems with two flexible resources and two products.
Jianjun XuShaoxiang ChenGangshu (George) CaiPublished in: IISE Trans. (2020)
Keyphrases
- production system
- optimal policy
- multistage
- optimal production
- production line
- inventory level
- markov decision processes
- production process
- reinforcement learning
- dynamic programming
- state space
- decision problems
- finite horizon
- long run
- infinite horizon
- average reward
- bayesian reinforcement learning
- resource allocation
- markov decision process
- state dependent
- sufficient conditions
- production rate
- single stage
- lot sizing
- customer demand
- assembly line
- planning horizon
- average cost
- markov decision problems
- control policies
- reward function
- steady state
- cost function
- expert systems