Dynamic Inventory Control with Fixed Setup Costs and Unknown Discrete Demand Distribution.
Mehdi DavoodiMichael N. KatehakisJian YangPublished in: Oper. Res. (2022)
Keyphrases
- inventory control
- inventory models
- lead time
- setup cost
- ordering cost
- demand distributions
- lost sales
- stochastic demand
- supply chain
- pricing strategies
- lot sizing
- finite horizon
- multi item
- random variables
- customer demand
- dynamic pricing
- customer service
- holding cost
- lot size
- inventory level
- service level
- supply chain management
- single item
- production cost
- total cost
- probability distribution
- inventory policy
- single stage
- planning horizon
- state dependent