Periodic review policy in the production management of a single-item inventory with deterioration.
Debopriya DeySamarjit KarDilip Kumar BhattacharyaPublished in: Oper. Res. (2024)
Keyphrases
- periodic review
- single item
- infinite horizon
- lot sizing
- lead time
- inventory systems
- single product
- finite horizon
- upper bound
- optimal policy
- long run
- multi item
- stochastic demand
- inventory replenishment
- single stage
- combinatorial auctions
- lost sales
- inventory control
- holding cost
- base stock policies
- ordering cost
- inventory models
- multistage
- inventory policy
- supply chain
- base stock policy
- replenishment policy
- dynamic programming
- markov decision process
- markov decision processes
- expected cost
- production capacity
- production inventory
- single period
- production planning