Optimal lateral transshipment policies for a two location inventory problem with multiple demand classes.
A. C. C. van WijkIvo J. B. F. AdanG. J. van HoutumPublished in: Eur. J. Oper. Res. (2019)
Keyphrases
- inventory replenishment
- inventory level
- optimal production
- periodic review
- optimal policy
- inventory policy
- lost sales
- base stock policies
- dynamic pricing
- lead time
- holding cost
- order quantity
- inventory systems
- stochastic demand
- expected cost
- production process
- revenue management
- total cost
- state dependent
- inventory control
- single product
- single stage
- echelon stock
- infinite horizon
- optimal pricing
- service level
- inventory models
- replenishment policy
- base stock policy
- single item
- multi echelon
- supply chain
- finite horizon
- production system
- production cost
- ordering policy
- production inventory
- planning horizon
- dynamic programming
- lot sizing
- lot size
- setup cost
- long run
- sample path
- multi item
- joint replenishment
- demand distributions
- asymptotically optimal
- long run average cost
- fixed cost
- single facility
- single period
- inventory management
- customer demand
- average cost
- uncertain demand
- assembly systems
- inventory holding
- reinforcement learning