Wang, Z; Chan, F T S - In: Journal of the Operational Research Society 65 (2014) 5, pp. 645-659
For the control of single machine and multiple part-types manufacturing systems, the prioritized hedging point (PHP) policy is often used. In this paper, the probability distribution of the system states under this control is analysed. Unlike the work by Shu and Perkins (2001), where the maximum...