Dynamic planned lead times in production planning and control systems: does the lead time syndrome matter?
Matthias ThürerNuno O. FernandesStefan HaeusslerMark StevensonPublished in: Int. J. Prod. Res. (2023)
Keyphrases
- lead time
- production planning
- lot sizing
- infinite horizon
- planning horizon
- supply chain
- lot size
- single item
- inventory systems
- control system
- multi item
- service level
- total cost
- assembly systems
- demand distributions
- mixed integer programming
- production cost
- inventory costs
- random variables
- setup cost
- inventory control
- single product
- capacity expansion
- stochastic demand
- integer programming
- reorder point
- optimal base stock levels
- holding cost
- finite horizon
- utility function
- single stage
- customer demand
- stochastic lead times
- knapsack problem
- fixed cost
- search space
- np hard
- probabilistic model
- inventory level
- markov decision process