TY - JOUR
T1 - Multiple lotsizing with random common-cause yield and rigid demand
AU - Grosfeld-Nir, Abraham
AU - Gerchak, Yigal
PY - 1990/11
Y1 - 1990/11
N2 - When yield is random and production is in lots, several successive lots may need to be attempted in order to satisfy a rigid demand. This problem is investigated using the 'stochastically proportional' yield concept which does not assume independence of units in a lot. The functional equation is shown to have explicit and highly interpretable solutions in some cases.
AB - When yield is random and production is in lots, several successive lots may need to be attempted in order to satisfy a rigid demand. This problem is investigated using the 'stochastically proportional' yield concept which does not assume independence of units in a lot. The functional equation is shown to have explicit and highly interpretable solutions in some cases.
KW - applications
KW - dynamic programming
KW - inventory/production
KW - stochastic
UR - http://www.scopus.com/inward/record.url?scp=0025516724&partnerID=8YFLogxK
U2 - 10.1016/0167-6377(90)90058-D
DO - 10.1016/0167-6377(90)90058-D
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AN - SCOPUS:0025516724
SN - 0167-6377
VL - 9
SP - 383
EP - 387
JO - Operations Research Letters
JF - Operations Research Letters
IS - 6
ER -