Integrated production and distribution planning for single-period inventory products.
Yang-Byung ParkSung-Chul HongPublished in: Int. J. Comput. Integr. Manuf. (2009)
Keyphrases
- single period
- capacity expansion
- production planning
- stochastic inventory
- production cost
- inventory level
- mixed integer programming model
- inventory models
- demand distributions
- expected profit
- multi item
- lost sales
- single product
- capacity planning
- raw material
- distribution function
- customer demand
- lot sizing
- planning horizon
- infinite horizon
- knapsack problem
- sample path
- lead time
- mixed integer programming
- planning process
- total cost
- integer programming
- inventory control
- periodic review
- lot size
- expected cost
- long run
- order quantity
- optimal policy
- inventory policy
- inventory systems
- single stage
- setup cost
- stochastic demand
- inventory management
- optimal solution
- state dependent
- production system
- markov decision processes
- finite horizon
- probability distribution