Abstract
We consider a heuristic for serial production systems with random yields and rigid demand: all usable units exiting a stage move forward. We calculate optimal lots and corresponding expected costs for binomial, interrupted-geometric, and all-or-nothing yields. Our method is that it makes it easy to analyze large systems.
| Original language | English |
|---|---|
| Pages (from-to) | 235-244 |
| Number of pages | 10 |
| Journal | Operations Research Letters |
| Volume | 35 |
| Issue number | 2 |
| DOIs | |
| State | Published - Mar 2007 |
Keywords
- Binomial distribution
- Interrupted-geometric distribution
- Random yield
- Rigid demand
- Serial system
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