LQ optimal inventory control for multi-supplier periodic-review systems with disparate lead-time delay.
Przemyslaw IgnaciukAndrzej BartoszewiczPublished in: CDC (2009)
Keyphrases
- lead time
- inventory control
- periodic review
- base stock policies
- supply chain
- inventory systems
- stochastic demand
- single item
- single product
- base stock policy
- service level
- inventory models
- lot sizing
- single stage
- setup cost
- customer demand
- inventory level
- lost sales
- inventory policy
- holding cost
- infinite horizon
- finite horizon
- supply chain management
- total cost
- random variables
- planning horizon
- fixed cost
- pricing strategies
- order quantity
- customer service
- single period
- utility function
- lot size
- multi item
- queue length
- optimal control