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Optimal Joint Replenishment and Transshipment Policies in a Multi-Period Inventory System with Lost Sales.
Hossein Abouee-Mehrizi
Oded Berman
Shrutivandana Sharma
Published in:
Oper. Res. (2015)
Keyphrases
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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