Optimal production control in stochastic manufacturing systems with degenerate demand
The paper studies the production inventory problem of minimizing the expected discounted present value of production cost control in manufacturing systems with degenerate stochastic demand.We have developed the optimal inventory production control problem by deriving the dynamics of the inventory-de...
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| Main Authors: | , |
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| Format: | Article |
| Published: |
Global Science Press
2011
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| Subjects: | |
| Online Access: | http://repo.uum.edu.my/12857/ http://dx.doi.org/10.4208/eajam.190609.190510a |
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| Institution: | Universiti Utara Malaysia |