Technical Note - A Note on the Near Optimality of "5-EOQ's Worth" Forecast Horizons.
Leroy B. SchwarzPublished in: Oper. Res. (1977)
Keyphrases
- infinite horizon
- average cost
- lost sales
- long run
- finite horizon
- single item
- short term
- markov decision processes
- optimal policy
- optimal control
- dynamic programming
- optimal solution
- production planning
- economic order quantity
- inventory systems
- state space
- finite state
- inventory management
- grey theory
- failure prediction
- lead time
- learning algorithm
- inventory level
- finite number
- cost function
- long term
- genetic algorithm
- machine learning