Producing in a manufacturing system with minimum average cost

DOI10.1016/S0362-546X(97)00166-1MaRDI QIDQ4378892zbMATH OpenFDO

Authors W. Suo, Suresh P. Sethi, Michael Taksar, Q. Zhang

Publication date 7 September 1998

Published in Nonlinear Analysis: Theory, Methods & Applications (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/S0362-546X(97)00166-1

zbMATH Keywords

convex costsingle or parallel machine manufacturing systemvanishing discount approachviscosity solution

Mathematics Subject Classification ID

Viscosity solutions to Hamilton-Jacobi equations in optimal control and differential games (49L25) Production models (90B30) Application models in control theory (93C95)

Recommendations

• Optimal production planning in a multi-product stochastic manufacturing system with long-run average cost
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Cites work

• Ergodic Control of Switching Diffusions
• Hierarchical decision making in stochastic manufacturing systems
• Optimal production planning in a multi-product stochastic manufacturing system with long-run average cost
• Optimal production planning in a stochastic manufacturing system with long-run average cost
• Optimality of Zero-Inventory Policies for Unreliable Manufacturing Systems
• Turnpike Sets and Their Analysis in Stochastic Production Planning Problems

Cited in

(2)

• Optimal production planning in a multi-product stochastic manufacturing system with long-run average cost
• An exact expression of the long-run average cost in a manufacturing system

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