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A simple heuristic for perishable item inventory control under non-stationary stochastic demand.
Alejandro Gutierrez Alcoba
Roberto Rossi
Belen Martin-Barragan
Eligius M. T. Hendrix
Published in:
Int. J. Prod. Res. (2017)
Keyphrases
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inventory control
non stationary
stochastic demand
finite horizon
lead time
supply chain
inventory models
lost sales
customer service
setup cost
dynamic pricing
customer demand
supply chain management
autoregressive
single item
fixed cost
inventory systems
markov decision processes
sufficient conditions