Sánchez, Ana; Corominas, Albert; Pastor, Rafael - In: Journal of Industrial Engineering and Management (JIEM) 2 (2009) 3, pp. 418-436
This note deals with the problem of minimising the expected sum of quadratic holding and shortage inventory costs when a single, failure-prone machine produces multiple part-types. Shu and Perkins (2001) introduce the problem and, by restricting the set of control policies to the class of...