A stochastic model of a production-inventory system with consideration of production disruption.

Rubayet Karim Koichi Nakade

Published in: Int. J. Adv. Oper. Manag. (2019)

Keyphrases

stochastic model
production inventory
production rate
fluid model
stochastic process
inventory level
single product
total cost
supply chain
infinite horizon
production system
production cost
production process
finite horizon
failure rate
assembly line
lead time
decision making