The capital cost of holding inventory with stochastically mean-reverting purchase price.

Published in: Eur. J. Oper. Res. (2008)

Keyphrases

total cost
supply chain
holding cost
lead time
fixed cost
spare parts
lot sizing
long run
joint replenishment
electronic commerce
purchase behavior
cost reduction
setup cost
storage space
lost sales
inventory level
production cost
material handling
inventory policy
expected cost
minimum cost
replenishment policy