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serial and assembly production/distribution systems. We propose optimal and heuristic procedures to solve this problem. Our …
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finished goods inventory level for serial systems with buffer inventories between stages. This distribution leads to fill …
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This paper considers serial production-transportation systems. In recent years, researchers have developed a fairly …
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We describe the development of a framework to compute the optimal inventory policy for <p> a large spare-parts’ distribution centre operation in the RA division of the Danfoss Group <p> in Denmark. The RA division distributes spare parts worldwide for cooling and A/C <p> systems. The warehouse...</p></p></p>
Persistent link: https://www.econbiz.de/10005802220
for Q and r, and upper bounds on the optimal long run average cost and on the optimal batch size. As a byproduct we … addition, when the newsvendor cost is known, we obtain sharper lower and upper bounds on the long run average cost. These … bounds clarify, in an exceedingly simple way, the cost impact of fixed setup costs, demand variability, and constraints on …
Persistent link: https://www.econbiz.de/10009208731
The paper presents a transformation of a multi-stage optimal control model with random switching time to an age …
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