A deterministic inventory/production model with general inventory cost rate function and piecewise linear concave production costs.
Z. Pelin BayindirS. Ilker BirbilJ. B. G. FrenkPublished in: Eur. J. Oper. Res. (2007)
Keyphrases
- piecewise linear
- production cost
- lot size
- total cost
- production process
- inventory policy
- production planning
- objective function
- special case
- manufacturing systems
- production capacity
- production rate
- planning horizon
- dynamic programming
- state dependent
- setup cost
- convex functions
- storage space
- production system
- probability distribution