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A quadratic model for production-inventory planning was made famous by Holt, Modigliani, Muth, and Simon in 1960 in [3], especially for its application to a paint factory. A discrete control version of a related quadratic production-inventory model was studied by Kleindorfer, Kriebel, Thompson,...
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A single-machine multiproduct manufacturing system with random breakdowns and random repair times is considered. Under a weak capacity condition on the system it is shown that the total work-in-progress (WIP) is a recurrent stochastic process. By replacing the stochastic model by a deterministic...
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This paper presents an asymptotic analysis of a stochastic manufacturing system consisting of parallel machines subject to breakdown and repair and facing a constant demand, as the rates of change of the machine states approach infinity. This situation gives rise to a limiting problem in which...
Persistent link: https://www.econbiz.de/10012720681
This paper considers the production planning problem of a firm that produces a single product using a process that has multiple production lines (or machines) in parallel, each with a finite production capacity. Specifically, the firm has m parallel production lines, each with capacity of P...
Persistent link: https://www.econbiz.de/10012838802
We are interested in obtaining rates of production of intermediate parts and finished products in a manufacturing system consisiting of a network of machines. The objective is to meet demand for finished products at the minimum possible total discounted cost of production, inventories, and...
Persistent link: https://www.econbiz.de/10012976831
An asymptotic analysis of a hierarchical manufacturing system with machines subject to breakdown and repair is presented. The machine fluctuations are much faster than the accumulation and discounting of costs, and this gives rise to a limiting problem in which the stochastic machine...
Persistent link: https://www.econbiz.de/10012834712
Scheduling methods are proposed for a class of flexible manufacturing systems consisting of machine centers served by a cyclic conveyor. The minimization of finish time is considered as the optimization criterion. An optimal algorithm is proposed for the minimum conveyor speed (S = 1) for a...
Persistent link: https://www.econbiz.de/10012834910