Production and Inventory Planning with Variable Holding Cost and All-Units Quantity Discounts.
Hesham K. AlfaresPublished in: INFOR Inf. Syst. Oper. Res. (2015)
Keyphrases
- holding cost
- production planning
- single item
- setup cost
- lot sizing
- assembly systems
- production cost
- lead time
- infinite horizon
- planning horizon
- high volume
- production capacity
- total cost
- fixed cost
- lot size
- inventory level
- multi item
- asymptotically optimal
- arrival rate
- expected cost
- long run
- lost sales
- multistage
- order quantity
- finite horizon
- joint replenishment
- inventory control
- customer orders
- upper bound
- integer programming
- inventory systems
- single product
- capacity expansion
- single server
- average cost
- markov decision processes
- heavy traffic
- supply chain
- lower bound
- inventory holding
- single stage
- storage space
- optimal control
- knapsack problem
- random variables
- dynamic programming