Simultaneous control on lead time elements and ordering cost for an inflationary inventory-production model with mixture of normal distributions LTD under finite capacity.
Hesamoddin TahamiAbolfazl MirzazadehAref Gholami-QadikolaeiPublished in: RAIRO Oper. Res. (2019)
Keyphrases
- lot size
- lead time
- single product
- normal distribution
- finite capacity
- base stock policy
- service level
- lot sizing
- supply chain
- ordering cost
- planning horizon
- total cost
- infinite horizon
- random variables
- single item
- inventory control
- customer demand
- inventory level
- inventory policy
- periodic review
- probabilistic model
- production planning
- optimal control
- probability distribution