Parameters for Production/Inventory Control in the Case of Stochastic Demand and Different Types of Yield Randomness.
Karl InderfurthStephanie VogelgesangPublished in: OR (2010)
Keyphrases
- inventory control
- stochastic demand
- supply chain
- finite horizon
- lead time
- infinite horizon
- customer service
- customer demand
- supply chain management
- inventory level
- optimal policy
- lost sales
- production planning
- dynamic pricing
- production cost
- lot size
- reinforcement learning
- optimal control
- random variables
- dynamic programming
- objective function