Decision-making in a single-period inventory environment with fuzzy demand.
Rung-Hung SuDong-Yuh YangWen Lea PearnPublished in: Expert Syst. Appl. (2011)
Keyphrases
- single period
- inventory models
- decision making
- capacity expansion
- lost sales
- inventory level
- single product
- stochastic inventory
- order quantity
- periodic review
- distribution function
- finite horizon
- sample path
- lead time
- decision makers
- inventory control
- inventory systems
- service level
- supply chain
- markov chain
- inventory policy
- markov decision processes
- inventory management
- stochastic demand
- sufficient conditions
- single stage
- dynamic pricing
- optimal policy
- single item
- production planning
- optimal solution