An optimal control of inventory-production system with gamma distributed deterioration
The study is concerned with the optimal control of an inventory-production system with time-varying demand and deterioration items assuming that the deterioration rate follows the Gamma distribution. The Pontryagin maximum principle is applied here to derive the optimality conditions from the dynami...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Published: |
CESER Publications
2015
|
| Subjects: | |
| Online Access: | http://repo.uum.edu.my/19421/ http://www.ceser.in/ceserp/index.php/ijamas/article/view/3410 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Universiti Utara Malaysia |