Optimal policies for production/inventory systems with finite capacity and Markov-modulated demand and supply processes
From MaRDI portal
Publication:1424909
DOI10.1023/B:ANOR.0000012274.69117.90zbMath1048.90093OpenAlexW2075506573MaRDI QIDQ1424909
Publication date: 15 March 2004
Published in: Annals of Operations Research (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1023/b:anor.0000012274.69117.90
production/inventory systemfinite-capacityMarkov-modulated demand and Markov-modulated yieldmodified state-dependent inflated base-stock policy
Production models (90B30) Inventory, storage, reservoirs (90B05) Markov chains (discrete-time Markov processes on discrete state spaces) (60J10) Applications of Markov chains and discrete-time Markov processes on general state spaces (social mobility, learning theory, industrial processes, etc.) (60J20)
Related Items
A multi-periods production-inventory model with capacity constraints for multi-manufacturers - a global optimality in intuitionistic fuzzy environment, A Stochastic Inventory Model for a Random Yield Supply Chain with Wholesale-Price and Shortage Penalty Contracts, Production-inventory control policy under warm/cold state-dependent fixed costs and stochastic demand: partial characterization and heuristics, An integrated data-driven method using deep learning for a newsvendor problem with unobservable features, Backlogging EOQ model for promotional effort and selling price sensitive demand- an intuitionistic fuzzy approach, Synchronization in a two‐supplier assembly system: Combining a fixed lead‐time module with capacitated m<scp>ake‐to‐order</scp> production, Inventory control with modulated demand and a partially observed modulation process, A periodic-review inventory system with a capacitated backup supplier for mitigating supply disruptions, Newsvendor models with dependent random supply and demand, Markov-modulated analysis of a spare parts system with random lead times and disruption risks, Optimal policies for inventory systems with finite capacity and partially observed Markov-modulated demand and supply processes, A supplier selection and order allocation problem with stochastic demands
