Dynamic Scheduling Rules for a Multiproduct Make-to-Stock Queue

Agnes Peña Perez and Paul Zipkin
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Agnes Peña Perez: San Miguel Corporation, Philippines and Columbia University, New York, New York and Duke University, Durham, North Carolina
Paul Zipkin: San Miguel Corporation, Philippines and Columbia University, New York, New York and Duke University, Durham, North Carolina

Operations Research, 1997, vol. 45, issue 6, 919-930

Abstract: This paper develops a simple but effective heuristic policy for a stochastic production-inventory system, where several products share a single processor of limited capacity. Our policy combines the best features, and avoids the weaknesses, of prior approaches in the literature. Limited numerical tests suggest that the method performs well.

Keywords: production/scheduling; approximations/heuristic; queues; make-to-stock (search for similar items in EconPapers)
Date: 1997
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