Optimal priority ordering in PHP production of multiple part-types in a failure-prone machine
This note deals with the problem of minimising the expected sum of quadratic holding and shortage inventory costs when a single, failure-prone machine produces multiple part-types. Shu and Perkins (2001) introduce the problem and, by restricting the set of control policies to the class of prioritise...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
OmniaScience
2009-12-01
|
| Series: | Journal of Industrial Engineering and Management |
| Subjects: | |
| Online Access: | http://www.jiem.org/index.php/jiem/article/view/67 |