Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.14/182602
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- Title
- Dynamic type mating
- Related
- Management science, Vol. 43, No. 6, (1997), p.751-763
- DOI
- 10.1287/mnsc.43.6.751
- Publisher
- Institute for Operations Research and the Management Sciences
- Date
- 1997
- Author/Creator
- Duenyas, Izak
- Author/Creator
- Keblis, Matthew F
- Author/Creator
- Pollock, Stephen M
- Description
- We address an assembly problem, motivated by flat panel display manufacturing, where the quality (or performance) of the final product depends upon characteristics of the components to be assembled, which are not constant from component to component. We analyze the tradeoff between the increase in the potential value of products gained by putting off the "mating" of components exhibiting various characteristic "types," and the inventory costs caused by this delay in mating. We formulate this dynamic type mating problem as a Markov Decision Process and characterize the structure of the optimal policy for special cases. We then present a heuristic policy for a more general case and compare its performance against the optimal policy. Computational results indicate that the heuristic is effective for a wide variety of cases.
- Description
- 13 page(s)
- Subject Keyword
- Electronics Manufacturing
- Subject Keyword
- Markov Decision Processes
- Subject Keyword
- Production/Scheduling
- Resource Type
- journal article
- Organisation
- Macquarie University. Macquarie Graduate School of Management
- Identifier
- http://hdl.handle.net/1959.14/182602
- Identifier
- ISSN:0025-1909
- Identifier
- mq-rm-2011008156
- Identifier
- mq_res-ext-2-s2.0-0031152513
- Language
- eng
- Reviewed
