Optimal lot size for an item with partial backlogging rate when demand is stimulated by inventory above a certain stock level.
Tsu-Pang HsiehChung-Yuan DyeLiang-Yuh OuyangPublished in: Math. Comput. Model. (2010)
Keyphrases
- lot size
- reorder point
- setup cost
- production cost
- lead time
- total cost
- lot sizing
- base stock levels
- ordering cost
- production process
- inventory level
- production planning
- planning horizon
- finite horizon
- wagner whitin
- base stock policy
- replenishment policy
- multi item
- holding cost
- inventory policy
- asymptotically optimal
- multistage
- single item
- joint replenishment
- inventory systems
- optimal solution
- long run average cost
- inventory models
- raw material
- infinite horizon
- inventory control
- inventory costs
- random variables
- order quantity
- lost sales
- production system
- non stationary
- supply chain