Optimal Policy for a Production-Inventory System with Price Shift and Setup Cost

摘要：

We consider a continuous review production-inventory system with price shift and setup cost, which is controlled by a (s,s,S) policy. Unsatisfied demand is lost. When the machine is on, the inventory can be sold at two different prices. While the machine is off, the inventory only can be sold at the high price. We show the method to find the optimal (s.s.S) control policy for this system and develop an efficient algorithm to compute the optimal control parameters.

关键词： Production-Inventory System Setup Cost Price Shift

作者: Baimei Yang

作者单位: School of Management Fudan University Shanghai, China

会议类型: 国际会议

会议名称: 2012 IEEE 3rd International Conference on Software Engineering and Service Science(第三届IEEE软件工程与服务科学国际会议 ICSESS2010)

会议地点: 北京

会议语种:英文

页码: 603-606

在线出版日期: 2012-06-22（万方平台首次上网日期，不代表论文的发表时间）