Augmenting the lot sizing order quantity when demand is probabilistic.
I. Nyoman PujawanEdward A. SilverPublished in: Eur. J. Oper. Res. (2008)
Keyphrases
- lot sizing
- inventory systems
- order quantity
- lead time
- single item
- multi item
- multistage
- planning horizon
- service level
- periodic review
- single stage
- lost sales
- setup cost
- mixed integer programming
- stochastic demand
- supply chain
- production planning
- mixed integer
- lot size
- ordering cost
- holding cost
- bayesian networks
- inventory control
- single product
- inventory level
- infinite horizon
- random variables
- probabilistic model
- capacity expansion
- supply chain management
- utility function
- inventory management
- decision makers