Optimal Control Policy of a Production and Inventory System for multi-product in Segmented Market

In this paper, we use market segmentation approach in multi-product inventory - production system with deteriorating items. The objective is to make use of optimal control theory to solve the production inventory problem and develop an optimal production policy that maximize the total profit associa...

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Bibliographic Details
Main Authors: Kuldeep Chaudhary, Yogender Singh, P. C. Jha
Format: Article
Language:English
Published: Accademia Piceno Aprutina dei Velati 2013-12-01
Series:Ratio Mathematica
Subjects:
Online Access:http://eiris.it/ojs/index.php/ratiomathematica/article/view/48

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