Optimal Control Policy of a Production and Inventory System for multi-product in Segmented Market
In this paper, we use market segmentation approach in multi-product inventory - production system with deteriorating items. The objective is to make use of optimal control theory to solve the production inventory problem and develop an optimal production policy that maximize the total profit associa...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Accademia Piceno Aprutina dei Velati
2013-12-01
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| Series: | Ratio Mathematica |
| Subjects: | |
| Online Access: | http://eiris.it/ojs/index.php/ratiomathematica/article/view/48 |