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On the use of independent base-stock policies in assemble-to-order inventory systems with nonidentical lead times.
Martin I. Reiman
Haohua Wan
Qiong Wang
Published in:
Oper. Res. Lett. (2016)
Keyphrases
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inventory systems
lead time
base stock policy
base stock policies
periodic review
single stage
lost sales
stochastic lead times
optimal base stock levels
multi item
lot sizing
multistage
inventory control
single item
order quantity
supply chain
special case
single product
optimal policy
infinite horizon
stochastic demand
bayesian networks
planning horizon
stochastic optimization
total cost
sample path
optimal solution