Optimal Control of Two-Station Tandem Production/Inventory System
A manufacturing facility consisting of two stations in tandem operates in a maketo-stock mode: after production, items are placed in a finished goods inventory that services an exogenous demand. Demand that cannot be met from inventory is backordered. Each station is modelled as a queue with control...
Main Authors: | , |
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Format: | Working Paper |
Language: | en_US |
Published: |
Massachusetts Institute of Technology, Operations Research Center
2004
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Online Access: | http://hdl.handle.net/1721.1/5214 |