The purpose of this paper is to develop a model which allows for the study and optimization of arbitrarily complex supply networks, including order policies and money flows. We propose a mathematical description that captures the dynamic behavior of the system by a coupled system of ordinary...

The buffer allocation problem consists of a dynamical description of the underlying production process combined with stochastic processing times. The aim is to find optimal buffer sizes averaged over several samples. Starting from a time-discrete recursion we derive a time-continuous model...