Uniqueness of solution of production control problem in a manufacturing system with degenerate demand
This paper studies the production inventory problem of minimizing the expected discounted present value of production cost control in a manufacturing system with degenerate stochastic demand.We establish the existence of a unique solution of the Hamilton-Jacobi-Bellman (HJB) equation associated with...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Published: |
Springer US
2011
|
| Subjects: | |
| Online Access: | http://repo.uum.edu.my/10625/ http://dx.doi.org/10.1007/s10958-011-0459-7 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Universiti Utara Malaysia |