Optimal integrated ordering and production policy in a supply chain with stochastic lead-time, processing-time, and demand

IEEE Transactions on Automatic Control

Volumn 54, Issue 9, 2009, Pages 2027-2041

  Song, Dong Ping ^a  

^a UNIVERSITY OF PLYMOUTH   (United Kingdom)

Author keywords

Inventory management; Markov decision process; Ordering policy; Production control; Supply chain

Indexed keywords

ASYMPTOTIC PROPERTIES; BACKORDERING; BASE STOCK POLICY; HOLDING COSTS; INVENTORY MANAGEMENT; LEADTIME; MARKOV DECISION PROCESS; NUMERICAL EXAMPLE; OPTIMAL ORDERING; OPTIMAL POLICIES; OPTIMAL PRODUCTION; ORDERING POLICY; POINT POLICY; POISSON DEMANDS; PRODUCTION POLICY; SWITCHING THRESHOLDS;

COMPETITION; DECISION MAKING; INVENTORY CONTROL; MARKOV PROCESSES; OPTIMIZATION; PROCESS CONTROL; PRODUCTION CONTROL; SUPPLY CHAINS;

SUPPLY CHAIN MANAGEMENT;

EID: 70349416407     PISSN: 00189286     EISSN: None     Source Type: Journal    
DOI: 10.1109/TAC.2009.2026925     Document Type: Article

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