Producing in a manufacturing system with minimum average cost
From MaRDI portal
Publication:4378892
DOI10.1016/S0362-546X(97)00166-1zbMath0894.90073MaRDI QIDQ4378892
W. Suo, Suresh P. Sethi, Michael I. Taksar, Qing Zhang
Publication date: 7 September 1998
Published in: Nonlinear Analysis: Theory, Methods & Applications (Search for Journal in Brave)
viscosity solution; vanishing discount approach; convex cost; single or parallel machine manufacturing system
90B30: Production models
93C95: Application models in control theory
49L25: Viscosity solutions to Hamilton-Jacobi equations in optimal control and differential games
Cites Work
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- Optimal production planning in a stochastic manufacturing system with long-run average cost
- Optimal production planning in a multi-product 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
- Ergodic Control of Switching Diffusions