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An optimal production planning for a stochastic manufacturing system is considered. The system consists of a single, failure-prone machine that produces a finite number of different products. The objective is to determine a rate of production that minimizes an average cost per unit time...
Persistent link: https://www.econbiz.de/10010847915
An optimal production planning for a stochastic manufacturing system is considered. The system consists of a single, failure-prone machine that produces a finite number of different products. The objective is to determine a rate of production that minimizes an average cost per unit time...
Persistent link: https://www.econbiz.de/10010999916