Lot Size Decisions for Vendor-Buyer System with Quantity Discount, Partial Backorder, and Stochastic Demand.
Wakhid Ahmad JauhariPublished in: Adv. Oper. Res. (2014)
Keyphrases
- quantity discount
- lot size
- supply chain
- lead time
- stochastic demand
- inventory control
- decision making
- planning horizon
- infinite horizon
- order quantity
- single item
- lot sizing
- finite horizon
- service level
- setup cost
- inventory systems
- lost sales
- reorder point
- total cost
- decision makers
- holding cost
- customer demand
- inventory level
- single stage
- optimal policy
- markov decision process
- cost function
- special case