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Alternative approach for solving replenishment lot size problem with discontinuous issuing policy and rework.
Kuang-Ku Chen
Mei-Fang Wu
Singa Wang Chiu
Chien-Hua Lee
Published in:
Expert Syst. Appl. (2012)
Keyphrases
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lot size
inventory costs
lead time
infinite horizon
total cost
finite horizon
optimal policy
holding cost
production planning
supply chain
lot sizing
multistage
stochastic demand
average cost
asymptotically optimal
state space
dynamic programming
state dependent
lost sales
probability distribution