Infinitesimal perturbation analysis for make-to-stock manufacturing systems based on stochastic fluid models
نویسندگان
چکیده
منابع مشابه
Infinitesimal Perturbation Analysis and Optimization for Make-to-Stock Manufacturing Systems Based on Stochastic Fluid Models
In this paper we study Make-To-Stock manufacturing systems and seek on-line algorithms for determining optimal or near optimal buffer capacities (hedging points) that balance inventory against stockout costs. Using a Stochastic Fluid Model (SFM), we derive sample derivatives (sensitivities) which, under very weak structural assumptions on the defining demand and service processes, are shown to ...
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In this paper we study Make-To-Stock manufacturing systems and generalize the results obtained in Panayiotou et al. (2002). Specifically, we use the same modeling framework to derive sample derivatives of the objective function of interest with respect to buffer capacities (hedging points). In the earlier work, the input processes (machine processing and demand) were assumed piecewise constant....
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1 Dept. of Electrical and Computer Engineering, University of Cyprus, Nicosia, Cyprus, [email protected] 2 Dept. of Manufacturing Engineering and Center for Information and Systems Engineering, Boston University, Brookline, MA 02446, [email protected] 3 Dept. of Manufacturing Engineering and Center for Information and Systems Engineering, Boston University, Brookline, MA 02446, [email protected] 4 School ...
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ژورنال
عنوان ژورنال: IFAC Proceedings Volumes
سال: 2004
ISSN: 1474-6670
DOI: 10.1016/s1474-6670(17)30752-8