Capacity and lead-time management when demand for service is seasonal and lead-time sensitive.
Thanh-Ha NguyenMike WrightPublished in: Eur. J. Oper. Res. (2015)
Keyphrases
- lead time
- service requirements
- supply chain
- service level
- holding cost
- inventory systems
- inventory control
- lot sizing
- expected profit
- base stock policy
- single item
- assembly systems
- total cost
- stochastic lead times
- poisson process
- periodic review
- random variables
- optimal base stock levels
- inventory level
- planning horizon
- customer demand
- stochastic demand
- base stock levels
- infinite horizon
- lost sales
- setup cost
- demand variability
- single stage
- lot size
- capacity planning
- single product
- inventory models
- dual sourcing
- utility function
- decision making