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Stability and optimality of a discrete production and storage model with uncertain demand

Stability and optimality of a discrete production and storage model with uncertain demand
Stability and optimality of a discrete production and storage model with uncertain demand

In this work, we present a discrete model to the production and storage problem with multiple production stages and a single Anal product, subject to random demand. We present some conditions under which the optimal policy generates positive recurrent states. In addition, we derive a dinamic programming procedure to seek the optimal solution to the problem and provide some numerical examples.

0191-2216
3654-3660
Arruda, Edilson F.
8eb3bd83-e883-4bf3-bfbc-7887c5daa911
Do Val, João B.R.
4139d2f5-1439-45d9-a77e-8e7e20ec98b8
Almudevar, Anthony
f0998a97-a377-41a9-82d0-0c1de5f33688
Arruda, Edilson F.
8eb3bd83-e883-4bf3-bfbc-7887c5daa911
Do Val, João B.R.
4139d2f5-1439-45d9-a77e-8e7e20ec98b8
Almudevar, Anthony
f0998a97-a377-41a9-82d0-0c1de5f33688

Arruda, Edilson F., Do Val, João B.R. and Almudevar, Anthony (2004) Stability and optimality of a discrete production and storage model with uncertain demand. In 2004 43rd IEEE Conference on Decision and Control (CDC). vol. 4, pp. 3654-3660 . (doi:10.1109/cdc.2004.1429301).

Record type: Conference or Workshop Item (Paper)

Abstract

In this work, we present a discrete model to the production and storage problem with multiple production stages and a single Anal product, subject to random demand. We present some conditions under which the optimal policy generates positive recurrent states. In addition, we derive a dinamic programming procedure to seek the optimal solution to the problem and provide some numerical examples.

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More information

Published date: 1 January 2004
Venue - Dates: 2004 43rd IEEE Conference on Decision and Control (CDC), , Nassau, Bahamas, 2004-12-14 - 2004-12-17

Identifiers

Local EPrints ID: 445704
URI: http://eprints.soton.ac.uk/id/eprint/445704
ISSN: 0191-2216
PURE UUID: 13f746eb-fbf0-461d-9ae6-fc326da375cd
ORCID for Edilson F. Arruda: ORCID iD orcid.org/0000-0002-9835-352X

Catalogue record

Date deposited: 06 Jan 2021 17:41
Last modified: 18 Feb 2021 17:42

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