Optimal Lot Sizing Policies For Sequential Online Auctions.
Arvind K. TripathiSuresh K. NairGilbert G. KarugaPublished in: IEEE Trans. Knowl. Data Eng. (2009)
Keyphrases
- lot sizing
- online auctions
- single item
- stochastic inventory control
- periodic review
- multistage
- setup cost
- holding cost
- multi item
- inventory systems
- rolling horizon
- fixed cost
- lead time
- dynamic programming
- cutting stock
- assembly systems
- mixed integer programming
- planning horizon
- production planning
- replenishment policy
- electronic commerce
- setup times
- bid prices
- lot size
- optimal solution
- optimal policy
- inventory policy
- joint replenishment
- finite horizon
- inventory control
- learning algorithm
- asymptotically optimal
- average cost
- infinite horizon
- resource allocation
- upper bound
- decision making