Optimal Joint Replenishment and Transshipment Policies in a Multi-Period Inventory System with Lost Sales.
Hossein Abouee-MehriziOded BermanShrutivandana SharmaPublished in: Oper. Res. (2015)
Keyphrases
- joint replenishment
- lost sales
- inventory models
- setup cost
- single item
- lot sizing
- multi item
- planning horizon
- inventory level
- periodic review
- production planning
- holding cost
- lead time
- optimal policy
- total cost
- base stock policies
- service level
- expected cost
- inventory control
- lot size
- finite horizon
- infinite horizon
- supply chain
- multistage
- production cost
- production system
- order quantity
- state dependent
- fixed cost
- random variables
- average cost
- mixed integer programming
- dynamic programming
- upper bound
- combinatorial auctions
- sufficient conditions
- long run
- markov decision processes
- raw material
- reinforcement learning
- optimal control
- search space
- optimal solution
- knapsack problem