Financially Optimal inventory Policies with Non-Linear replenishment Costs.
Jiang ZhangMatthew J. SobelPublished in: Asia Pac. J. Oper. Res. (2010)
Keyphrases
- inventory policy
- supply chain
- inventory replenishment
- total cost
- periodic review
- expected profit
- infinite horizon
- single product
- service level
- production cost
- inventory control
- dynamic programming
- finite horizon
- single item
- inventory systems
- lead time
- optimal solution
- multi item
- inventory models
- holding cost
- worst case
- expected cost
- production system
- supply chain management
- order quantity
- random variables
- optimal control