Analysis of Admission and Inventory Control Policies for Production Networks

Abstract

Problems of inventory control and customer admission control are considered for a manufacturing system that produces one product to meet random demand. Four admission policies are investigated: lost sales, complete backordering, randomized admission, and partial backordering. These policies are combined with an integral inventory control policy, which… (More)
DOI: 10.1109/TASE.2007.897614

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Cite this paper

@article{Ioannidis2008AnalysisOA, title={Analysis of Admission and Inventory Control Policies for Production Networks}, author={Stratos Ioannidis and Vassilis S. Kouikoglou and Yannis A. Phillis}, journal={IEEE Transactions on Automation Science and Engineering}, year={2008}, volume={5}, pages={275-288} }