@inproceedings{79890c69105d4f16a78fe980a0ed02a3,
title = "Application of optimal control theory to adjust the production rate of deteriorating inventory system (Case study: Dineh Iran Co.)",
abstract = "In this paper, optimal control of production inventory system with deteriorating items is considered. It is assumed that deterioration rate follows the Weibull distribution. It is, also, assumed that the demand of the manufacturing product is time dependent. For building our model we will assume that the firm has set an inventory goal level and production goal rate. We will study a periodic policy review and Lagrangian technique is used. The objective is to determine the optimal production rate. we adjust the optimal production rate to minimum total (production and inventory) costs. The assumption of a time variant demand is more real in the world and makes the result of this research more practical for Industries. This model has been applied in Dineh Iran Co., The Group of Pharmaceutical, Hygienic & Food Industries.",
keywords = "Deterioration items, Inventory control system, Lagrangian technique, Optimal control theory, Production planning, Weibull distribution",
author = "Sajadi, {S. M.} and M. Shafiee and Gh Emamverdi",
year = "2011",
language = "English",
series = "21st International Conference on Production Research: Innovation in Product and Production, ICPR 2011 - Conference Proceedings",
publisher = "Fraunhofer",
editor = "Tobias Krause and Dieter Spath and Rolf Ilg",
booktitle = "21st International Conference on Production Research",
note = "21st International Conference on Production Research: Innovation in Product and Production, ICPR 2011 ; Conference date: 31-07-2011 Through 04-08-2011",
}