Iwase, Masaharu; Ohno, Katsuhisa - In: European Journal of Operational Research 214 (2011) 2, pp. 216-222
This paper discusses a single-item, multi-stage, serial Just-in-Time (JIT) production system with stochastic demand and production capacities. The JIT production system is modeled as a discrete-time, M/G/1-type Markov chain. A necessary and sufficient condition, or a stability condition, under...