| Article ID: | iaor20001437 |
| Country: | Netherlands |
| Volume: | 59 |
| Issue: | 1/3 |
| Start Page Number: | 455 |
| End Page Number: | 461 |
| Publication Date: | Mar 1999 |
| Journal: | International Journal of Production Economics |
| Authors: | Rempala R. |
| Keywords: | inventory, programming: dynamic |
A generalized production inventory problem is described in a deterministic optimal control framework. The problem of existence of regeneration points is considered and a forecast horizon for a given decision horizon is determined. It is proved that one can obtain an optimal control step by step on successive decision intervals by a forward algorithm.