Price-directed control of remnant inventory systems
成果类型：
Article
署名作者：
Adelman, D; Nemhauser, GL
署名单位：
University of Chicago; University System of Georgia; Georgia Institute of Technology
刊物名称：
OPERATIONS RESEARCH
ISSN/ISSBN：
0030-364X
DOI：
10.1287/opre.47.6.889
发表日期：
1999
页码：
889-898
关键词：
摘要：
Motivated by make-to-order cable manufacturing, we describe a remnant inventory system in which orders arrive for units of raw material that are produced-to-stock. As orders are satisfied, the partially consumed units of material, or remnants, are either scrapped or returned to inventory for future allocation to orders. We present a linear program that minimizes the long-run average scrap rate. Its dual prices exhibit many rational properties, including monotonicity and superadditivity. We use these prices in an integer-programming-based control scheme, which we simulate and compare with an existing control scheme previously used in practice.