The Compensation Method Applied to a One-Product Production/Inventory Problem (Q3960443): Difference between revisions
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Revision as of 05:52, 21 February 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | The Compensation Method Applied to a One-Product Production/Inventory Problem |
scientific article |
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The Compensation Method Applied to a One-Product Production/Inventory Problem (English)
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1981
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one-product, one-machine, production/inventory problem
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minimization of total system costs
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setup costs
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inventory holding costs
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backorder costs
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two-critical-number policy
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constrained Markov process
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compensation method
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closed-form expression for system cost
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optimal policy
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server backlog process
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M/M/1 system
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Green's function methods
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Poisson demand process
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exponential demand size
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