Asymptotically Optimal Control of Make-to-Stock Systems
Asymptotically Optimal Control of Make-to-Stock Systems
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Publisher
Linthicum: INFORMS
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Language
English
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Publisher
Linthicum: INFORMS
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Scope and Contents
Contents
We consider multiclass make-to-stock production/inventory systems in which the manager makes three decisions, including pricing, outsourcing, and scheduling, to maximize the long-run average profit. For a sequence of systems in the heavy-traffic regime, with linear or strictly convex holding/waiting cost functions, we propose a sequence of policies...
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Full title
Asymptotically Optimal Control of Make-to-Stock Systems
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TN_cdi_proquest_journals_3076686099
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_3076686099
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ISSN
0364-765X
E-ISSN
1526-5471
DOI
10.1287/moor.2021.0161
