On Optimal Policies for Production-Inventory Systems with Compound Poisson Demand and Setup Costs

DOI10.1287/moor.2013.0614zbMath1291.90028OpenAlexW2137452821MaRDI QIDQ5169712

Nicky D. Van Foreest, Jacob Wijngaard

Publication date: 11 July 2014

Published in: Mathematics of Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1287/moor.2013.0614

zbMATH Keywords

optimal policiessetup costsproduction/inventory systemsconstrained capacity

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Dynamic programming (90C39) Optimal stochastic control (93E20) Stopping times; optimal stopping problems; gambling theory (60G40)

Related Items (3)

A complete algebraic solution to the optimal dynamic rationing policy in the stock-rationing queue with two demand classes ⋮ Optimal policies for production-clearing systems under continuous-review ⋮ Control of a continuous production inventory system with production quantity restrictions

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