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An examination of the size of orders from customers, their characterisation and the implications for inventory control of slow moving items.
F. R. Johnston
John E. Boylan
Estelle A. Shale
Published in:
J. Oper. Res. Soc. (2003)
Keyphrases
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inventory control
customer service
inventory level
customer demand
supply chain
pricing strategies
lead time
stochastic demand
inventory models
finite horizon
total cost
customer orders
customer satisfaction
production system
optimal policy
state dependent
dynamic pricing
expected cost
long run
non stationary