Nieuwenhuyse, Inneke Van; Mahihenni, Mohammed Hadi; … - In: European Journal of Industrial Engineering 8 (2014) 1, pp. 90-111
This article presents a straightforward production/inventory model that can capture the trade-offs among average inventory, production capacity and customer service levels in a semi-process industry setting. The model is based on well-known approximations from queuing literature, and it supports...