A Robust Reorder-Time/Order-Quantity Policy Under Invisible Stock Loss.

Ming Li Zheng Wang Haoxun Chen

Published in: IEEE Trans. Syst. Man Cybern. Syst. (2017)

Keyphrases

order quantity
reorder point
total cost
optimal policy
economic order quantity
inventory level
lead time
finite horizon
infinite horizon
stochastic demand
lost sales
expected cost
decision making
service level
standard deviation
probabilistic model
dynamic programming