Lead time and quantity decision in assembly system with spot market.
Hongsheng ChuJingchun WangYihui JinPublished in: SMC (4) (2004)
Keyphrases
- lead time
- assembly systems
- expected profit
- spot market
- supply chain
- order quantity
- service level
- lot sizing
- single item
- inventory systems
- decision making
- planning horizon
- inventory level
- inventory control
- stochastic demand
- decision makers
- setup cost
- single product
- total cost
- lost sales
- customer demand
- supply chain management
- garch model
- decision problems
- random variables
- single stage
- holding cost
- infinite horizon
- bayesian networks