Serial production systems with random yield and rigid demand: A heuristic

  • Authors:
  • Tal Ben-Zvi;Abraham Grosfeld-Nir

  • Affiliations:
  • Faculty of Management, Tel-Aviv University, Tel-Aviv 69978, Israel;Academic College of Tel-Aviv-Yaffo, 29 Melchet, Tel-Aviv 61560, Israel

  • Venue:
  • Operations Research Letters
  • Year:
  • 2007

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Abstract

We consider a heuristic for serial production systems with random yields and rigid demand: all usable units exiting a stage move forward. We calculate optimal lots and corresponding expected costs for binomial, interrupted-geometric, and all-or-nothing yields. Our method is that it makes it easy to analyze large systems.