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Safety stock management in a supply chain model with waiting time and price discount dependent backlogging rate in stochastic environment.
Sumon Sarkar
Bibhas Chandra Giri
Published in:
Oper. Res. (2022)
Keyphrases
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supply chain
product life cycle
replenishment policy
stochastic model
safety stock
inventory management
customer demand
lead time
total cost
supply chain management
inventory policy
bullwhip effect
reinforcement learning
objective function
probability distribution