Leadtime and quantity decision in assembly system with spot market.
Hongsheng ChuJingchun WangYihui JinPublished in: SMC (7) (2004)
Keyphrases
- lead time
- expected profit
- spot market
- single item
- supply chain
- decision making
- order quantity
- lot sizing
- service level
- inventory systems
- total cost
- inventory level
- decision problems
- random variables
- decision makers
- utility function
- holding cost
- setup cost
- customer demand
- infinite horizon
- single product
- garch model
- manufacturing systems