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This paper presents an asymptotic analysis of hierarchical production planning in a manufacturing system with two tandem machines that are subject to breakdown and repair. Since the number of parts in the buffer between the two machines needs to be non-negative, the problem is inherently a state...
Persistent link: https://www.econbiz.de/10012835287
We consider a production planning problem for a general jobshop producing a number of products and subject to breakdown and repair of machines. The machine capacities are modeled as Markov chains. The objective is to choose the rates of production of the final products and intermediate parts on...
Persistent link: https://www.econbiz.de/10014098593
This paper considers an infinite horizon stochastic production planning problem with demand assumed to be a continuous-time Markov process. Problems with control (production) and state (inventory) constraints are treated. It is shown that a unique optimal feedback solution exists. This solution...
Persistent link: https://www.econbiz.de/10012834709
This paper summarizes the results of its detailed version, which considers optimal infinite horizon stochastic production planning problems with capacity and demand to be finite state Markov chains. Turnpike set concepts are introduced to characterize the optimal inventory levels. It is shown...
Persistent link: https://www.econbiz.de/10012834925
This paper presents an asymptotic analysis of hierarchical investment and production decisions in a manufacturing system with machines subject to breakdown and repair. The demand facing the system is assumed to be a given constant. The production capacity can be increased by purchasing a new...
Persistent link: https://www.econbiz.de/10012835071
This paper presents an asymptotic analysis of hier­archical marketing-production systems with stochastic demand and stochastic production capacity (machines are subject to bre­akdown and repair). Our control variables are advertising and production rates which influence demand and inventory...
Persistent link: https://www.econbiz.de/10012835285
We consider a production planning problem in an N-machine flowshop subject to breakdown and repair of machines and to non-negativity constraints on work-in process. The machine capacities and demand processes are assumed to be finite-state Markov chains. The problem is to choose the rates of...
Persistent link: https://www.econbiz.de/10012835291
This paper is concerned with the problem of production planning in a flexible manufacturing system consisting of a single or parallel failure-prone machines producing a number of different products. The objective is to choose the rates of production of the various products over time in order to...
Persistent link: https://www.econbiz.de/10012835293
This paper is concerned with the problem of production planning in a flexible manufacturing system consisting of a single or parallel failure-prone machines producing a number of different products. The objective is to choose the rates of production of the various products over time in order to...
Persistent link: https://www.econbiz.de/10012835668
Recently, the production control problem in stochastic manufacturing systems has generated a great deal of interest. The goal is to obtain production rates to minimize total expected surplus and production cost. This paper reviews the research devoted to minimum average cost production planning...
Persistent link: https://www.econbiz.de/10014047598