Article ID: | iaor19911556 |
Country: | United Kingdom |
Volume: | 29 |
Issue: | 7 |
Start Page Number: | 1453 |
End Page Number: | 1460 |
Publication Date: | Jul 1991 |
Journal: | International Journal of Production Research |
Authors: | Hodgson Thom J., Wang Dingwei |
The strategies developed in part I of this paper are extended to a more general case in part II. Based on the optimal policy structure of a Markov Decision Process model and by control and information structure analysis, the authors propose that the ‘best’ strategy for a general series/parallel multistage (assembly) production/inventory system is to use a push (MPR) strategy at all initial stages of the system and a pull (JIT) strategy at all the other downstream stages. As viewed from the information structure, this recommended strategy is a group of decentralized controllers with a centralized coordinator.