Technical Note - A One-Product Production/Inventory Problem under Continuous Review Policy.
Bezalel GavishStephen C. GravesPublished in: Oper. Res. (1980)
Keyphrases
- production inventory
- single product
- lost sales
- finite horizon
- lead time
- revenue management
- base stock policy
- optimal policy
- infinite horizon
- optimal production
- customer demand
- inventory systems
- inventory level
- total cost
- periodic review
- production rate
- supply chain
- production planning
- single stage
- inventory models
- production cost
- single item
- multistage
- inventory control
- inventory management
- production process
- manufacturing systems
- state dependent
- lot sizing
- utility function
- markov decision process