Optimal production run length and warranty period for an imperfect production system under selling price dependent on warranty period.
Cheng-Kang ChenChih-Chung LoTzu-Chun WengPublished in: Eur. J. Oper. Res. (2017)
Keyphrases
- planning horizon
- production system
- optimal production
- run length
- total cost
- lot sizing
- supply chain
- production planning
- lead time
- production process
- expected cost
- inventory models
- multistage
- service level
- random variables
- production rate
- stochastic demand
- fixed cost
- single product
- inventory management
- learning algorithm
- artificial intelligence
- single item
- holding cost
- raw material
- multi item
- expert systems
- special case
- machine learning