Joint management of capacity and inventory in make-to-stock production systems with multi-class demand

DOI10.1016/j.ejor.2011.01.047zbMath1237.90020OpenAlexW1971009591MaRDI QIDQ421525

Hyun-Soo Ahn, Maria E. Mayorga

Publication date: 14 May 2012

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.ejor.2011.01.047

zbMATH Keywords

dynamic programminginventoryflexible capacityjoint controlmulti-class demand

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Dynamic programming (90C39)

Related Items

Production planning and pricing policy in a make-to-stock system with uncertain demand subject to machine breakdowns ⋮ A hybrid manufacturing system with demand for intermediate goods and controllable make-to-stock production rate

Cites Work

• Unnamed Item
• Unnamed Item
• An integrated approach to inventory and flexible capacity management subject to fixed costs and non-stationary stochastic demand
• Integrated capacity and inventory management with capacity acquisition lead times
• Production and subcontracting strategies for manufacturers with limited capacity and volatile demand
• Dynamic inventory rationing strategies for inventory systems with two demand classes, Poisson demand and backordering
• Investment Strategies for Flexible Resources
• Integrated workforce capacity and inventory management under labour supply uncertainty
• Optimal Stock Allocation for a Capacitated Supply System
• Strategies for a Centralized Single Product Multiclass M/G/1 Make-to-Stock Queue
• OPTIMAL CONTROL OF A MAKE-TO-STOCK SYSTEM WITH ADJUSTABLE SERVICE RATE
• Dynamic Control of a Queue with Adjustable Service Rate
• Optimal control of production rate in a failure prone manufacturing system
• Applying a New Device in the Optimization of Exponential Queuing Systems
• Inventory Rationing in a Make-to-Stock Production System with Several Demand Classes and Lost Sales
• Stock-rationing policy for a make-to-stock production system with two priority classes and backordering
• On the ordering of optimal hedging points in a class of manufacturing flow control models
• Optimal control of service rates in networks of queues
• Optimal Control of a Maintenance System with Variable Service Rates
• A Queuing-Type Birth-and-Death Process Defined on a Continuous-Time Markov Chain
• A Production-Inventory System with Markovian Capacity and Outsourcing Option

This page was built for publication: Joint management of capacity and inventory in make-to-stock production systems with multi-class demand