Towards a cost optimization problem bounded to inventory and replenishment management by a simulated annealing.
Thibaud SerieyeNicolas Pech-GourgPublished in: GOL (2018)
Keyphrases
- total cost
- simulated annealing
- lead time
- lost sales
- inventory costs
- holding cost
- supply chain
- construction project
- optimization method
- optimization methods
- stochastic search
- replenishment policy
- inventory management
- fixed cost
- single product
- optimization model
- optimal base stock levels
- inventory level
- optimization algorithm
- asymptotically optimal
- single item
- combinatorial optimization
- spare parts
- order quantity
- periodic review
- inventory systems
- demand forecasting
- inventory replenishment
- information systems
- metaheuristic
- simulated annealing algorithm
- setup cost
- lot sizing
- revenue management
- genetic algorithm
- optimal solution
- evolutionary algorithm
- bullwhip effect
- management system
- optimization problems
- single stage
- expected cost
- infinite horizon
- joint replenishment
- approximation methods
- safety stock
- vehicle routing
- lot size
- production cost
- decision variables
- planning horizon
- dynamic programming
- cost sensitive
- multi item
- reinforcement learning
- stochastic inventory
- hill climbing