A static-dynamic strategy for spare part inventory systems with nonstationary stochastic demand.

Z. Hua J. Yang F. Huang X. Xu

Published in: J. Oper. Res. Soc. (2009)

Keyphrases

non stationary
inventory systems
stochastic demand
lead time
lost sales
periodic review
finite horizon

single item
customer demand
infinite horizon
inventory control
single stage
multi item

lot sizing
inventory level
random fields
optimal policy
autoregressive
order quantity

supply chain
service level
multistage
inventory management
planning horizon
learning algorithm