A Generalization of the Inventory Pooling Effect to Nonnormal Dependent Demand.
Charles J. CorbettKumar RajaramPublished in: Manuf. Serv. Oper. Manag. (2006)
Keyphrases
- lead time
- inventory systems
- inventory control
- stochastic demand
- lost sales
- inventory management
- dynamic pricing
- supply chain
- inventory level
- multi item
- lot size
- lot sizing
- demand forecasting
- normal distribution
- periodic review
- profit maximization
- production inventory
- single item
- inventory models
- service level
- counter intuitive
- holding cost
- setup cost
- total cost
- single period
- production cost
- revenue management
- inventory policy
- single product
- planning horizon
- demand function
- expected cost
- transportation costs
- replenishment policy
- inventory replenishment
- customer demand