On integrated production-replenishment policies in single-stage manufacturing.
Jae-Dong HongJack C. HayyaPublished in: Comput. Oper. Res. (1999)
Keyphrases
- single stage
- lost sales
- raw material
- inventory systems
- optimal policy
- periodic review
- inventory level
- production planning
- serial inventory systems
- production inventory
- lead time
- multistage
- inventory models
- single product
- setup cost
- infinite horizon
- sample path
- base stock policies
- inventory management
- order quantity
- inventory control
- holding cost
- lot sizing
- stochastic demand
- production system
- multi item
- production process
- single item
- decision problems
- base stock policy
- expected cost
- finite horizon
- manufacturing systems
- state dependent
- total cost
- markov decision processes
- dynamic programming
- lot size
- linear programming
- special case
- long run
- supply chain