Inventory control problem with freight cost and stochastic demand.
Ju-Liang ZhangChung-Yee LeeJian ChenPublished in: Oper. Res. Lett. (2009)
Keyphrases
- inventory control
- stochastic demand
- customer demand
- fixed cost
- periodic review
- lost sales
- supply chain
- lead time
- customer service
- finite horizon
- total cost
- infinite horizon
- dynamic pricing
- lot sizing
- average cost
- cost sensitive
- reinforcement learning
- setup cost
- inventory level
- resource allocation
- bayesian networks
- single stage
- non stationary
- inventory management
- decision makers
- order quantity
- state space
- supply chain management