Optimal production and rationing policies of a make-to-stock production system with batch demand and backordering

被引:14
|
作者
Xu, Jianjun [1 ]
Chen, Shaoxiang [1 ]
Lin, Bing
Bhatnagar, Rohit [1 ,2 ]
机构
[1] Nanyang Technol Univ, Nanyang Business Sch, Div Informat Technol & Operat Management, Singapore 639798, Singapore
[2] Nanyang Technol Univ, Singapore MIT Alliance Program, Singapore 639798, Singapore
关键词
Production; Inventory; Rationing; Markov decision process; Batch demand; MULTIPLE CUSTOMER CLASSES; INVENTORY MODEL; SALES;
D O I
10.1016/j.orl.2010.01.006
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
In this paper, we consider the stock rationing problem of a single-item make-to-stock production/inventory system with multiple demand classes. Demand arrives as a Poisson process with a randomly distributed batch size. It is assumed that the batch demand can be partially satisfied. The facility can produce a batch up to a certain capacity at the same time. Production time follows an exponential distribution. We show that the optimal policy is characterized by multiple rationing levels. (C) 2010 Elsevier B.V. All rights reserved.
引用
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页码:231 / 235
页数:5
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