Nonlinear receding horizon control of production inventory systems with deteriorating items
Author(s) -
Messaoud Bounkhel,
Lotfi Tadj,
Ramdane Hedjar
Publication year - 2008
Publication title -
yugoslav journal of operations research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.221
H-Index - 21
eISSN - 1820-743X
pISSN - 0354-0243
DOI - 10.2298/yjor0801037b
Subject(s) - nonlinear system , production (economics) , horizon , inventory control , control (management) , economics , control theory (sociology) , computer science , mathematics , mathematical optimization , operations management , microeconomics , physics , geometry , quantum mechanics , management
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.
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