Periodic Review for a Perishable Item under Non Stationary Stochastic Demand.
Roberto RossiPublished in: MIM (2013)
Keyphrases
- non stationary
- stochastic demand
- periodic review
- inventory control
- lost sales
- finite horizon
- inventory systems
- lead time
- setup cost
- inventory models
- supply chain
- infinite horizon
- single product
- single stage
- multi item
- optimal policy
- single item
- lot sizing
- inventory management
- customer service
- autoregressive
- dynamic pricing
- inventory replenishment
- production planning
- inventory level
- expected cost
- total cost
- cost function
- service level
- customer demand
- lower bound
- holding cost
- supply chain management
- markov decision processes
- objective function