Keyphrases
- lead time
- independent and identically distributed
- supply chain
- service level
- assembly systems
- lot sizing
- inventory systems
- inventory control
- stochastic lead times
- single item
- random variables
- total cost
- poisson process
- single product
- lost sales
- infinite horizon
- setup cost
- holding cost
- periodic review
- planning horizon
- single stage
- bayesian networks
- inventory level
- finite number
- utility function
- decision makers
- state space