On the use of independent base-stock policies in assemble-to-order inventory systems with nonidentical lead times.
Martin I. ReimanHaohua WanQiong WangPublished in: Oper. Res. Lett. (2016)
Keyphrases
- 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