| Article ID: | iaor20081688 |
| Country: | Netherlands |
| Volume: | 35 |
| Issue: | 2 |
| Start Page Number: | 235 |
| End Page Number: | 244 |
| Publication Date: | Mar 2007 |
| Journal: | Operations Research Letters |
| Authors: | Grosfeld-Nir Abraham, Ben-Zvi Tal |
| Keywords: | statistics: distributions, game theory |
We consider a heuristic for serial production systems with random yields and rigid demand: all usable units exiting a stage move forward. We calculate optimal lots and corresponding expected costs for binomial, interrupted-geometric, and all-or-nothing yields. Our method is that it makes it easy to analyze large systems.