Disposal versus rework - Inventory control in a production system with random yield.
Danja SonntagGudrun P. KiesmüllerPublished in: Eur. J. Oper. Res. (2018)
Keyphrases
- production system
- inventory control
- inventory level
- supply chain
- multistage
- finite horizon
- inventory models
- customer service
- stochastic demand
- lead time
- production process
- customer demand
- certainty factor
- multiprocessor architecture
- supply chain management
- expert systems
- optimal policy
- periodic review
- production capacity
- dynamic pricing
- probability distribution