Ordering policy for stock-dependent demand rate under progressive payment scheme: a comment.
Christoph H. GlockJörg M. RiesKurt SchwindlPublished in: Int. J. Syst. Sci. (2015)
Keyphrases
- payment scheme
- ordering policy
- lost sales
- planning horizon
- inventory level
- stochastic demand
- order quantity
- credit card
- finite horizon
- lead time
- batch size
- inventory systems
- supply chain
- inventory control
- manufacturing systems
- production system
- optimal policy
- total cost
- raw material
- infinite horizon
- lot sizing
- electronic payment
- multi item
- single stage
- expected cost
- production planning
- inventory management
- multistage
- state dependent
- customer demand
- long run