DeCroix, Gregory A.; Arreola-Risa, Antonio - In: Management Science 44 (1998) 7, pp. 950-961
We show that a modified base-stock policy is optimal for multiproduct, infinite-horizon production-inventory systems, where demand for the products is random and the products share a finite resource every period. We characterize the optimal policy for the case of homogeneous products. Because of...