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Inventory-production control systems with Gumbel distributed deterioration

Baten, Md Azizul and Kamil, Anton Abdulbasah and Lateh, Habibah (2012) Inventory-production control systems with Gumbel distributed deterioration. AASRI Procedia, 2. pp. 93-105. ISSN 2212-6716

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This paper is concerned with the optimal control of inventory-production system subject to Gumbel distributed deterioration items with applications to optimal control theory.We successfully formulated the model as a linear optimal control problem and obtained an explicit solution using Pontryagin maximum principle.The optimality conditions are derived in this case. It is then illustrated with the help of examples.

Item Type: Article
Uncontrolled Keywords: Inventory/production; Applications, Perishable items; Planning horizons, Sensitivity analysis
Subjects: T Technology > TS Manufactures
Divisions: College of Arts and Sciences
Depositing User: Prof. Madya Dr. Md. Azizul Baten
Date Deposited: 21 Apr 2014 01:00
Last Modified: 21 Apr 2014 01:00

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