Optimal production-inventory policy for the multi-period fixed proportions co-production system

DOI10.1016/j.ejor.2019.07.025zbMath1430.90233OpenAlexW2961836453MaRDI QIDQ2273903

Yihong Ru, Hengyu Liu, Ju-liang Zhang, Cheng, T. C. Edwin

Publication date: 18 September 2019

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

Full work available at URL: https://doi.org/10.1016/j.ejor.2019.07.025

zbMATH Keywords

dynamic programmingMarkov decision problemco-production systemproduction-inventory management

Mathematics Subject Classification ID

Production models (90B30) Inventory, storage, reservoirs (90B05) Markov and semi-Markov decision processes (90C40)

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