Deterministic Dynamic Programming Approach to Solve an Integrated Dynamic Supplier Selection and Inventory Control

2017 ◽  
Vol 23 (7) ◽  
pp. 6559-6561 ◽  
Author(s):  
Sutrisno ◽  
Widowati ◽  
R. Heru Tjahjana ◽  
Solikhin
Author(s):  
D. RAVI KUMAR ◽  
V. SANKAR

In general, optimal allocations for Series-Parallel redundant configurations being carried out using unit or component redundancies. However, Dynamic programming approach by which the optimal allocation can be used when the values of reliabilities and cost for each component are known. The advantage of Dynamic programming approach is that it is simple and it requires less processing time. In this paper, the optimal allocation for series parallel Reliability Logic Diagram of a system is considered. The deterministic Dynamic Programming approach for Reliability optimization has been used and optimal allocation is obtained with different number of components at each stage. Whereas, in the earlier methods, either unit or component redundancies are only used for estimating Optimum reliability.


Author(s):  
D. Ravi Kumar ◽  
V. Sankar

In general, optimal allocations for Series-Parallel redundant configurations being carried out using unit or component redundancies. However, Dynamic programming approach by which the optimal allocation can be used when the values of reliabilities and cost for each component are known. The advantage of Dynamic programming approach is that it is simple and it requires less processing time. In this paper, the optimal allocation for series parallel Reliability Logic Diagram of a system is considered. The deterministic Dynamic Programming approach for Reliability optimization has been used and optimal allocation is obtained with different number of components at each stage. Whereas, in the earlier methods, either unit or component redundancies are only used for estimating Optimum reliability.


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