applications to production and inventory

applications to production and inventory

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时间:2018-02-10

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1、Chapter6ApplicationstoProductionandInventoryApplicationsofoptimizationmethodstoproductionandinventoryprob•lemsdatebackatleasttotheclassicalEOQ(EcononiicOrderQuantity)modelorthelotsizeformulaofHarris(1913).TheEOQisessentiallyastaticmodelinthesensethatthedemandisconstantandonlyasta•

2、tionarysolutionissought.AdynamicversionofthelotsizemodelwasanalyzedbyWagnerandWhitin(1958).Thesolutionmethodologyusedtherewasdynamicprogramming.AnimportantdynamicproductionplanningmodelwasdevelopedbyHolt,Modigliani,Muth,andSimon(1960).Intheirmodel,referredtoastheHMMSmodel,theycons

3、ideredbothproductioncostsandinventoryholdingcostsovertime.Theyusedcalculusofvariationstechniquestosolvethecontinuous-timeversionoftheirmodel.InSection6.1,amodelofThompsonandSethi(1980),similartotheHMMSmodel,isformulatedandcompletelysolvedusingoptimalcontroltheory.Theturnpikesoluti

4、onisalsoobtainedwhenthehorizonisinfinite.InSection6.2,thecontinuouswheattradingmodelofIjiriandThompson(1970)isintroduced.Inthismodelawheatspeculatormustbuyandsellwheatinanoptimalwayinordertotakeadvantageofchangesinthepriceofwheatovertime.Thismodelpermitsshort-sellingofwheat.Themod

5、elhasbeenfurtheranalyzedbyNorstrom(1978)withshort-sellingdisallowed.AsimpleexamplewhichillustrateshisresiiltsispresentedinSection6.2.4.InSection6.3,weintroduceawarehousingconstraint,i.e.,anupper1546.ApplicationstoProductionAndInventoryboundontheamountofwheatthatcanbestored,inthewh

6、eattradingmodel.InadditiontobeingreaUstic,theintroductionofthewarehousingconstrainthelpsustoillustratetheconceptsofdecisionandforecasthorizonsbymeansofexamples.Thissectionisexpositoryinnature,buttheoreticaldevelopmentsoftheseideasareavailableintheliterature.6.1AProduction-Inventor

7、ySystemManymanufacturingenterprisesuseaproduction-inventorysystemtomanagefluctuationsinconsumerdemandfortheproduct.Suchasystemconsistsofamanufacturingplantandafinishedgoodswarehousetostorethoseproductswhicharemanufacturedbutnotimmediatelysold.Onceaproductismadeandputintoinventory,

8、itincursinventoryholdingcostsoftw

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