A hybrid genetic algorithm for the finite horizon economic lot and delivery scheduling in supply chains.
S. Ali TorabiS. M. T. Fatemi GhomiBehrooz KarimiPublished in: Eur. J. Oper. Res. (2006)
Keyphrases
- supply chain
- finite horizon
- inventory control
- inventory policy
- infinite horizon
- optimal policy
- lead time
- supply chain management
- markov decision processes
- single product
- customer demand
- inventory models
- bullwhip effect
- multistage
- periodic review
- inventory management
- production planning
- state space
- resource allocation
- non stationary
- decision making
- markov decision process
- stochastic demand
- service level
- lot size
- single item
- average cost
- customer orders
- control policies
- planning horizon
- optimal control
- long run
- markov chain
- reinforcement learning