On the Benefits of Inventory-Pooling in Production-Inventory Systems.
Joon-Seok KimSaif BenjaafarPublished in: Manuf. Serv. Oper. Manag. (2002)
Keyphrases
- inventory systems
- multi item
- lead time
- periodic review
- base stock policy
- lot sizing
- single stage
- lost sales
- production cost
- lot size
- inventory level
- stochastic lead times
- production planning
- single product
- single item
- production rate
- setup cost
- inventory control
- production process
- supply chain
- infinite horizon
- raw material
- inventory models
- multistage
- expected cost
- service level
- total cost
- production system
- bayesian networks
- planning horizon
- mixed integer
- order quantity
- special case