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Engineering Commons

Open Access. Powered by Scholars. Published by Universities.®

Industrial Engineering

2016

ADP

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Full-Text Articles in Engineering

Production And Inventory Control In Complex Production Systems Using Approximate Dynamic Programming., Han Wu May 2016

Production And Inventory Control In Complex Production Systems Using Approximate Dynamic Programming., Han Wu

Electronic Theses and Dissertations

Production systems focus not only on providing enough product to supply the market, but also on delivering the right product at the right price, while lowering the cost during the production process. The dynamics and uncertainties of modern production systems and the requirements of fast response often make its design and operation very complex. Thus, analytical models, such as those involving the use of dynamic programming, may fail to generate an optimal control policy for modern production systems. Modern production systems are often in possession of the features that allow them to produce various types of product through multiple working …