Joint optimization of production-maintenance plans based on optimal production rates.
Jérémie SchutzPublished in: IEEM (2014)
Keyphrases
- joint optimization
- optimal production
- production process
- production system
- production rate
- expected cost
- raw material
- optimal policy
- inventory management
- planning horizon
- manufacturing systems
- state dependent
- stochastic demand
- inventory policy
- infinite horizon
- production cost
- production planning
- sparse representation
- production line
- inventory level
- supply chain
- initial state
- failure rate
- multistage
- finite horizon
- long run
- lot sizing
- markov decision processes
- data sets
- lot size
- random variables
- single product
- decision trees