On upper bounds of sequential stochastic production planning problems (Q1106717)
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| Language | Label | Description | Also known as |
|---|---|---|---|
| English | On upper bounds of sequential stochastic production planning problems |
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On upper bounds of sequential stochastic production planning problems (English)
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1988
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The authors investigate a class of problems that determine production, inventory and work force levels to satisfy random demand during T periods. They give a priori upper bounds on costs under a rolling horizon strategy, solving in the first approach a deterministic problem using the average demand.
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sequential stochastic production planning
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random demand
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rolling horizon strategy
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