A dynamic production scheduling model with lost-sales or backlogging (Q1092803)
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English | A dynamic production scheduling model with lost-sales or backlogging |
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A dynamic production scheduling model with lost-sales or backlogging (English)
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1987
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A backward induction method is suggested to determine the optimal quantities of a single product in a finite-horizon production planning model with time-varying production and inventory capacity constraints. Both the lost-sales case and the backlogging case are considered for the known integer-valued demands.
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backward induction
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finite-horizon production planning model
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time- varying production
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inventory capacity constraints
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