Production control of an unreliable manufacturing system under the assumption of no backlog

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	Production control of an unreliable manufacturing system under the assumption of no backlog
	Liu, B; Cao, JH
	1997
发表期刊	MATHEMATICAL METHODS OF OPERATIONS RESEARCH
ISSN	1432-2994
卷号	46 期号:1 页码:103-117
摘要	This paper deals with an unreliable manufacturing system in which no backlog is allowed. The hedging point policy is used to control production. This paper's objective is to find the optimum hedging point so as to minimize the average inventory cost. Firstly, for a tentative hedging point, we derive the limiting distribution of the inventory level. This derivation is accomplished by comparison between this system and a finite storage-production system. Based on it we calculate the average inventory cost and find the optimum hedging point.
关键词	unreliable manufacturing system average inventory cost hedging point
语种	英语
WOS研究方向	Operations Research & Management Science ; Mathematics
WOS类目	Operations Research & Management Science ; Mathematics, Applied
WOS记录号	WOS:000071263200005
出版者	PHYSICA VERLAG GMBH
引用统计
文献类型	期刊论文
条目标识符	http://ir.amss.ac.cn/handle/2S8OKBNM/13251
专题	中国科学院数学与系统科学研究院
通讯作者	Liu, B
作者单位	Acad Sinica, Inst Appl Math, Beijing 100080, Peoples R China
推荐引用方式 GB/T 7714	Liu, B,Cao, JH. Production control of an unreliable manufacturing system under the assumption of no backlog[J]. MATHEMATICAL METHODS OF OPERATIONS RESEARCH,1997,46(1):103-117.
APA	Liu, B,&Cao, JH.(1997).Production control of an unreliable manufacturing system under the assumption of no backlog.MATHEMATICAL METHODS OF OPERATIONS RESEARCH,46(1),103-117.
MLA	Liu, B,et al."Production control of an unreliable manufacturing system under the assumption of no backlog".MATHEMATICAL METHODS OF OPERATIONS RESEARCH 46.1(1997):103-117.