Nonlinear receding horizon control of production inventory systems with deteriorating items
DOI:
https://doi.org/10.2298/YJOR0801037BKeywords:
production systems, continuous-review, periodic-review, deterioration, receding horizon controlAbstract
This paper is concerned with the receding horizon control of the production rate of a deteriorating production system with a nonlinear inventory-level-dependent demand. Both continuous and periodic review policies are discussed and numerical illustrations are provided. .References
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