Finite inventory budgets in production capacity and safety stock placement under the guaranteed service approach.
Tarik AouamFoad GhadimiMario VanhouckePublished in: Comput. Oper. Res. (2021)
Keyphrases
- safety stock
- supply chain
- production capacity
- customer demand
- total cost
- inventory management
- inventory control
- inventory level
- supply chain management
- bullwhip effect
- lead time
- service level
- production cost
- decision making
- inventory policy
- customer service
- planning horizon
- state dependent
- service quality
- single item
- single server
- finite number
- non stationary
- state space
- probability distribution