Choosing the optimal buffer stock between two sections of a continuous process

MaRDI QIDQ761241zbMATH OpenFDO

Authors L. K. Mejzin

Publication date 1984

Published in Automation and Remote Control (Search for Journal in Brave)

zbMATH Keywords

intermediate bufferoptimal buffer stockoptimal design of a sequential processoptimal storage capacitysemifinished product

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Queues and service in operations research (90B22) Production models (90B30)

Review text

We solve two problems of optimal design of a sequential process with an intermediate buffer stock. In the first problem, we determine the optimal storage capacity and the optimal buffer stock of the semifinished product. In the second problem we determine the optimal stock of the semifinished product given fixed storage capacity.

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Cited in

(1)

• Optimizing contingency reserves

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