An Approach for Designing Order Size Dependent Lead Time Models for Use in Inventory and Supply Chain Management.
Peter NielsenZbigniew MichnaPublished in: KES-IDT (1) (2016)
Keyphrases
- supply chain
- lead time
- supply chain management
- service level
- inventory control
- multi echelon
- stochastic lead times
- customer demand
- optimal base stock levels
- holding cost
- assembly systems
- capacity planning
- customer orders
- lot sizing
- demand distributions
- base stock levels
- single item
- probabilistic model
- inventory management
- random variables
- infinite horizon
- single product
- replenishment policy
- planning horizon
- order quantity
- standard deviation
- total cost
- inventory policy
- dynamic pricing
- rfid technology