Optimal production planning in a multi-product stochastic manufacturing system with long-run average cost (Q1389229)
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scientific article; zbMATH DE number 1164626
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| English | Optimal production planning in a multi-product stochastic manufacturing system with long-run average cost |
scientific article; zbMATH DE number 1164626 |
Statements
Optimal production planning in a multi-product stochastic manufacturing system with long-run average cost (English)
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30 September 1998
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stochastic dynamic programming
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vanishing discount approach
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optimal control
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long-run average cost
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production planning
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flexible manufacturing system
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failure-prone machines
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Hamilton-Jacobi-Bellman equation
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0.9642710089683532
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0.8844758868217468
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0.8705443143844604
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0.8590872883796692
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0.848863422870636
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