Two Commodity Coordinated inventory System with Markovian Demand.
Venkata S. S. YadavalliGunaseelan ArivarignanNeelamegam AnbazhaganPublished in: Asia Pac. J. Oper. Res. (2006)
Keyphrases
- lead time
- inventory control
- inventory systems
- single commodity
- lost sales
- inventory management
- stochastic demand
- periodic review
- inventory level
- dynamic pricing
- lot size
- supply chain
- demand forecasting
- single product
- profit maximization
- production inventory
- multi item
- single item
- inventory models
- revenue management
- lot sizing
- inventory policy
- production cost
- single stage
- single period
- infinite horizon
- total cost
- planning horizon
- service level
- cooperative
- production rate
- inventory costs
- holding cost
- production capacity
- optimal policy
- joint replenishment
- ordering cost
- uncertain demand
- setup cost
- state dependent
- replenishment policy
- stochastic lead times
- transportation costs
- bullwhip effect
- random variables
- multistage
- order quantity
- expected cost
- expected profit
- finite horizon