A new approach for controlling a hybrid stochastic manufacturing/remanufacturing system with inventories and different leadtimes.
Gudrun P. KiesmüllerPublished in: Eur. J. Oper. Res. (2003)
Keyphrases
- production planning
- planning horizon
- inventory management
- periodic review
- total cost
- inventory systems
- lead time
- monte carlo
- quality control
- demand distributions
- manufacturing processes
- stochastic optimization
- stochastic process
- distribution networks
- inventory control
- single stage
- infinite horizon
- hybrid learning
- service level
- manufacturing systems
- supply chain
- optimal base stock levels
- single period
- base stock policies
- management system
- manufacturing industry
- inventory models
- customer demand
- production process
- production cost