On a finite horizon production lot size inventory model for deteriorating items: An optimal solution.
Zaid T. BalkhiPublished in: Eur. J. Oper. Res. (2001)
Keyphrases
- lot size
- finite horizon
- total cost
- lot sizing
- infinite horizon
- lead time
- production planning
- optimal policy
- ordering cost
- markov decision processes
- multistage
- optimal solution
- planning horizon
- single product
- production cost
- mixed integer programming
- markov decision process
- production process
- learning algorithm
- production system
- inventory policy
- raw material
- single item
- lower bound
- np hard
- dynamic programming