Showing 1 - 10 of 28
In this paper, we consider a production planning problem in a two-machine flowshop subject to breakdown and repair of machines and subject to non-negativity constraints on work-in-process. The machine capacities and demand processes are assumed to be finite state Markov chains. The problem is to...
Persistent link: https://www.econbiz.de/10012746441
This paper is concernced with hierarchical decisions regarding production and investment in capacity in manufacturing systems with production subject to breakdown and repair. The production capacity can be increased by investing continuously in new capacity which is available upon completion....
Persistent link: https://www.econbiz.de/10012746455
This paper considers optimal infinite horizon stochastic production planning problems with capacity and demand to be finite state Markov chains. The existence of the optimal feedback control is shown with the aid of viscosity solutions to the dynamic programming equations. Turnpike set concepts...
Persistent link: https://www.econbiz.de/10012750264
This paper presents an asymptotic analysis of a stochastic manufacturing system consisting of parallel machines subject to breakdown and repair and facing a constant demand, as the rates of change of the machine states approach infinity. This situation gives rise to a limiting problem in which...
Persistent link: https://www.econbiz.de/10012720681
This paper summarizes the results of its detailed version, which considers optimal infinite horizon stochastic production planning problems with capacity and demand to be finite state Markov chains. Turnpike set concepts are introduced to characterize the optimal inventory levels. It is shown...
Persistent link: https://www.econbiz.de/10012834925
This paper presents an asymptotic analysis of hierarchical investment and production decisions in a manufacturing system with machines subject to breakdown and repair. The demand facing the system is assumed to be a given constant. The production capacity can be increased by purchasing a new...
Persistent link: https://www.econbiz.de/10012835071
This paper presents an asymptotic analysis of hier­archical marketing-production systems with stochastic demand and stochastic production capacity (machines are subject to bre­akdown and repair). Our control variables are advertising and production rates which influence demand and inventory...
Persistent link: https://www.econbiz.de/10012835285
This paper presents an asymptotic analysis of hierarchical production planning in a manufacturing system with two tandem machines that are subject to breakdown and repair. Since the number of parts in the buffer between the two machines needs to be non-negative, the problem is inherently a state...
Persistent link: https://www.econbiz.de/10012835287
This paper is concerned with hierarchical control of stochastic manufacturing systems with machines whose capacity states are governed by a Markov process dependent on the rates of production. The objective is to choose production rates that minimize the total inventory/shortage and production...
Persistent link: https://www.econbiz.de/10012835290
We consider a production planning problem in an N-machine flowshop subject to breakdown and repair of machines and to non-negativity constraints on work-in process. The machine capacities and demand processes are assumed to be finite-state Markov chains. The problem is to choose the rates of...
Persistent link: https://www.econbiz.de/10012835291