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Title: Optimal control of work-in-process inventory of a two-station production line
Authors: Kokangül, A.
Khaniyev, Tahir
Cochran, J. K.
Keywords: inventory
buffer size
random failures
random processing times
renewal reward processes
Issue Date: 2010
Publisher: John Wiley & Sons Ltd
Abstract: 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 (C) 2009 John Wiley & Sons, Ltd.
ISSN: 0143-2087
Appears in Collections:Endüstri Mühendisliği Bölümü / Department of Industrial Engineering
Scopus İndeksli Yayınlar Koleksiyonu / Scopus Indexed Publications Collection
WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collection

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