Multiple lotsizing with random common-cause yield and rigid demand

Authors:
Abraham Grosfeld-Nir;Yigal Gerchak
Affiliations:
Faculty of Management, Tel-Aviv University, Tel-Aviv, Israel, 69978;Faculty of Engineering, Department of Management Sciences, University of Waterloo, Waterloo, Ontario, Canada, N2L 3G1
Venue:
Operations Research Letters
Year:
1990

Citing 2
Cited 3

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The structure of periodic review policies in the presence of random yield

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Multiple lot-sizing decisions with an interrupted geometric yield and variable production time

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

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Properties of the multiple lot-sizing problem with rigid demand, general cost structures, and interrupted geometric yield

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Abstract

When yield is random and production is in lots, several successive lots may need to be attempted in order to satisfy a rigid demand. This problem is investigated using the 'stochastically proportional' yield concept which does not assume independence of units in a lot. The functional equation is shown to have explicit and highly interpretable solutions in some cases.