A performance bound on single cycle lot-sizing policies for an assembly system with stochastic demand.
Derek R. AtkinsShrikanta DePublished in: Oper. Res. Lett. (1993)
Keyphrases
- lot sizing
- single item
- stochastic demand
- assembly systems
- lead time
- inventory control
- multi item
- upper bound
- periodic review
- lost sales
- multistage
- inventory systems
- fixed cost
- setup cost
- holding cost
- production planning
- infinite horizon
- optimal policy
- mixed integer programming
- planning horizon
- mixed integer
- single stage
- lower bound
- inventory management
- production rate
- lot size
- reinforcement learning
- finite horizon
- order quantity