Keyphrases
- spot market
- planning horizon
- lead time
- expected profit
- supply chain
- single product
- total cost
- service level
- lot sizing
- single period
- single item
- inventory models
- inventory level
- inventory systems
- capacity expansion
- inventory policy
- holding cost
- production capacity
- random variables
- inventory control
- pricing strategies
- setup cost
- fixed cost
- garch model
- infinite horizon
- inventory management
- lost sales
- production planning
- customer demand
- multi item
- order quantity
- approximation algorithms
- single stage
- production system
- decision making