Meta-heuristics for placing strategic safety stock in multi-echelon inventory with differentiated service times.
Jörn GrahlStefan MinnerDaniel DittmarPublished in: Ann. Oper. Res. (2016)
Keyphrases
- multi echelon
- metaheuristic
- safety stock
- service times
- lead time
- supply chain
- service level
- queue length
- holding cost
- call center
- random variables
- assembly systems
- total cost
- steady state
- ant colony optimization
- arrival rate
- simulated annealing
- tabu search
- decision making
- optimization problems
- single server
- search space
- stationary distribution
- lot sizing
- genetic algorithm
- combinatorial optimization
- optimal solution
- supply chain management
- single item
- inventory control
- planning horizon
- queueing networks
- particle swarm optimization
- state dependent
- inventory level
- vehicle routing problem
- graphical models
- setup cost
- markov chain
- evolutionary algorithm
- asymptotically optimal
- infinite horizon
- probability distribution
- neural network
- heavy traffic
- traveling salesman problem
- special case