Optimal supplier inventory control policies when buyer purchase incidence is driven by past service.
George LiberopoulosMichalis DeligiannisPublished in: Eur. J. Oper. Res. (2022)
Keyphrases
- inventory control
- supply chain
- periodic review
- inventory replenishment
- base stock policies
- lead time
- stochastic demand
- production capacity
- customer service
- replenishment policy
- inventory policy
- order quantity
- finite horizon
- inventory models
- supply chain management
- demand distributions
- pricing strategies
- optimal policy
- lost sales
- single item
- electronic commerce
- single product
- customer demand
- service level
- holding cost
- infinite horizon
- dynamic programming
- base stock policy
- inventory systems
- inventory management
- web services
- service providers
- fixed cost
- single period
- average cost
- customer satisfaction
- multistage
- optimal solution