A two-station stochastic inventory model with exact methods of computing optimal policies

A method is presented for calculating optimal inventory levels in a two-station transactions reporting inventory system. The criterion of optimality is the minimization of expected cost. The computational properties of the model are stressed and the solution method is precise. It is shown that when the model represents a central warehouse which supplies several retail outlets, stocks carried at the central location affect the capacity of the system to handle orders. Stocks carried at the retail level affect only the size of the retail order backlog.     

An algorithm for maximizing target achievement in the stochastic knapsack problem with normal returns

We consider the stochastic linear knapsack problem in which costs are known with certainty but returns are independent, normally distributed random variables. The objective is to maximize the probability that the overall return equals or exceeds a specified target value. A previously proposed preference order dynamic programming-based algorithm has been shown to be potentially suboptimal. We offer an alternative hybrid DP/branch-and-bound algorithm that both guarantees optimality and significantly outperforms generating the set of Pareto optimal returns.© 1993 John Wiley & Sons, Inc.     

Evaluation of effectiveness of polymer coatings in reducing blast-induced deformation of steel plates

Incorporating elastomers such as polymers in protective structures to withstand high energetic dynamic loads, has gained significant interest. The main objective of this study is to investigate the influence of a Polyurea coating towards the blast-induced response in steel plates. As such, Polyurea coated steel plates were tested under near-field blast loads, produced by the detonation of 1 kg of spherical nitromethane charges, at a standoff distance of 150 mm. Mild steel (XLERPLATE 350) and high-strength steel (BIS80) plates with thicknesses of 10 mm were Polyurea coated with thicknesses of 6 mm and 12 mm on either the front (facing the charge) or the back face. The deformation profiles were measured using 3D scanning. Numerical simulations were performed using the non-linear finite element code LS-DYNA. The strain-dependent behaviour of the steel and Polyurea were represented by Johnson-cook and Money-Rivlin constitutive models, respectively. The numerical models were validated by comparing the plate deflection results obtained from the experiments and were then used in the subsequent parametric study to investigate the optimum thickness of the Polyurea coating. The results indicate that back face coating contributes towards an approximately 20% reduction in the residual deformation as well as the absence of melting of the Polyurea layer, while the front-face coating can be used a means of providing additional standoff distance to the steel plates.