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Recent developments in single product, discrete-time, capacitated production-inventory systems

  • Competitive Manufacturing Systems
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Abstract

We present here some recent results in single-product, capacitated production-inventory systems in discrete time. The key results are: (1) structure of optimal policy for single stage systems; (2) analysing via a shortfall process; (3) using simulation to optimize; (4) an approximation using tail probabilities. We consider periodic demand, and multiple stages — serial, distribution and assembly. Related topics of re-entrant flow shops, lead time quotation and value of information are also discussed briefly.

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  1. 239, Graduate School of Industrial Administration, Carnegie Mellon University, 15213, Pittsburgh, PA, USA

    Sridhar Tayur

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  1. Sridhar Tayur
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Tayur, S. Recent developments in single product, discrete-time, capacitated production-inventory systems. Sadhana 22, 45–67 (1997). https://doi.org/10.1007/BF02744126

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