Inventory pooling decisions under demand scenarios in times of COVID-19.
Fernando RojasPeter Fernandes WankeFernando BravoYong TanPublished in: Comput. Ind. Eng. (2021)
Keyphrases
- lead time
- lost sales
- inventory management
- inventory control
- inventory systems
- inventory level
- supply chain
- stochastic demand
- dynamic pricing
- lot size
- decision making
- revenue management
- demand forecasting
- periodic review
- planning horizon
- inventory models
- production inventory
- holding cost
- profit maximization
- inventory policy
- lot sizing
- single period
- single product
- setup cost
- infinite horizon
- single item
- total cost
- decision makers
- production cost
- order quantity
- inventory replenishment
- base stock policies
- inventory costs
- bullwhip effect
- customer demand
- optimal policy
- real world
- operating costs
- production rate
- single stage
- production capacity
- multi item
- finite horizon
- dynamic programming
- ordering cost
- spare parts
- long run
- uncertain demand
- stochastic lead times
- operational decisions
- replenishment policy
- decision process
- service level
- joint replenishment
- demand function
- capacity expansion