Optimal integrated production and inventory control of an assemble-to-order system with multiple non-unitary demand classes.
Mohsen ElhafsiPublished in: Eur. J. Oper. Res. (2009)
Keyphrases
- inventory control
- lead time
- stochastic demand
- lot size
- periodic review
- finite horizon
- supply chain
- production capacity
- inventory models
- base stock policies
- single product
- inventory replenishment
- customer demand
- single item
- inventory level
- setup cost
- inventory policy
- assembly systems
- customer service
- production inventory
- ordering cost
- pricing strategies
- inventory systems
- holding cost
- lost sales
- lot sizing
- demand distributions
- total cost
- service level
- production system
- infinite horizon
- production planning
- dynamic programming
- optimal policy
- dynamic pricing
- planning horizon
- optimal solution
- fixed cost
- expected cost
- multi item
- inventory management