Inventory ordering policies for mixed sale of products under inspection policy, multiple prepayment, partial trade credit, payments linked to order quantity and full backordering.
Ata Allah TaleizadehSara TavassoliArijit BhattacharyaPublished in: Ann. Oper. Res. (2020)
Keyphrases
- order quantity
- ordering policy
- optimal policy
- lost sales
- service level
- ordering cost
- economic order quantity
- lead time
- finite horizon
- reorder point
- stochastic demand
- raw material
- inventory level
- standard deviation
- inventory systems
- infinite horizon
- planning horizon
- single period
- inventory policy
- markov decision processes
- periodic review
- single stage
- inventory control
- revenue management
- customer demand
- single item
- supply chain
- multi item
- production system
- lot sizing
- state space
- multistage
- long run
- inventory models
- inventory replenishment
- manufacturing systems
- finite state
- lot size
- production planning
- pricing strategies
- decision variables
- reinforcement learning
- inventory management