Applying Simheuristics for Safety Stock and Planned Lead Time Optimization in a Rolling Horizon MRP System Under Uncertainty.
Wolfgang SeiringerKlaus AltendorferJuliana CastanedaJavier PanaderoAngel A. JuanPublished in: WSC (2021)
Keyphrases
- lot sizing
- rolling horizon
- lead time
- robust optimization
- supply chain
- service level
- single item
- holding cost
- multi item
- inventory systems
- setup cost
- inventory management
- planning horizon
- total cost
- production planning
- random variables
- multistage
- customer demand
- inventory control
- periodic review
- supply chain management
- fixed cost
- utility function
- infinite horizon
- parallel machines
- queue length
- lost sales
- mathematical programming