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A compound Poisson EOQ model for perishable items with intermittent high and low demand periods.
Onno J. Boxma
David Perry
Wolfgang Stadje
Shelley Zacks
Published in:
Ann. Oper. Res. (2022)
Keyphrases
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computational model
high level
probabilistic model
cost function
random walk
mathematical model
formal model
transition probabilities
economic order quantity
learning algorithm
similarity measure
markov chain
parameter estimation
lead time
poisson process