Journal of the Korean Operations Research and Management Science Society (한국경영과학회지)

The Korean Operations Research and Management Science Society (한국경영과학회)
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A Stochastic LP Model a Multi-stage Production System with Random Yields

수율을 고려한 다단계 생산라인의 Stochastic LP 모형

  • 최인찬 (고려대학교 공과대학 산업공학과) ;
  • 박광태 (고려대학교 경영대학 경영학과)
  • Published : 1997.03.01
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Abstract

In this paper, we propose a stochastic LP model for determining an optimal input quantity in a single-product multi-stage production system with random yields. Due to the random yields in our model, each stage of the production system can result in defective items, which can be re-processed or scrapped at certain costs. We assume that the random yield at each stage follows an independent discrete empirical distribution. Compared to dynamic programming models that prevail in the literature, our model can easily handle problems of larger sizes.

Keywords

References

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