Optimal control of work-in-process inventory of a two-station production line

KOKANGÜL A., Xanıyev T., Cochran J.

Optimal Control Applications and Methods, vol.31, no.3, pp.201-211, 2010 (SCI-Expanded, Scopus) identifier

  • Nəşrin Növü: Article / Article
  • Cild: 31 Say: 3
  • Nəşr tarixi: 2010
  • Doi nömrəsi: 10.1002/oca.896
  • jurnalın adı: Optimal Control Applications and Methods
  • Jurnalın baxıldığı indekslər: Science Citation Index Expanded (SCI-EXPANDED), Scopus
  • Səhifə sayı: pp.201-211
  • Açar sözlər: Buffer size, Inventory, Random failures, Random processing times, Renewal reward processes
  • Açıq Arxiv Kolleksiyası: Məqalə
  • Adres: Bəli

Qısa məlumat

Most production lines keep a minimal level of inventory stock to save storage costs and buffer space. However, the random nature of processing, breakdown, and repair times can significantly affect the efficiency of a production line and force the stocking of work-in-process inventory. We are interested in the case when starvation and blockage are preferentially avoided. In this study, a mathematical model has been developed using asymptotic approximation and simulation that provides asymptotic results for the expected value and the variance of the stock level in a buffer as a function of time. In addition, the functional relationship between buffer capacity and the first stopping time caused by starvation or blockage has been determined. Copyright © 2009 John Wiley & Sons, Ltd.