Fulfilling orders for steel plates from existing inventory.
Peter A. HueglerJoseph C. HartmanPublished in: J. Oper. Res. Soc. (2007)
Keyphrases
- inventory level
- lead time
- stochastic lead times
- production capacity
- order quantity
- expected cost
- supply chain
- optimal base stock levels
- production system
- raw material
- lost sales
- total cost
- approximation methods
- steel industry
- service level
- customer orders
- inventory systems
- multi item
- infinite horizon
- long run
- state dependent
- joint replenishment
- production cost
- optimal policy
- dynamic pricing
- number plate recognition
- multi echelon
- production line
- material handling
- inventory control
- lot size
- neural network
- planning horizon
- lot sizing
- markov decision processes
- steady state
- digital images
- learning algorithm