Multiproduct production/inventory control under random demands.
Jin QiuRichard LoulouPublished in: IEEE Trans. Autom. Control. (1995)
Keyphrases
- inventory control
- production planning
- demand distributions
- customer demand
- planning horizon
- inventory models
- supply chain
- lead time
- finite horizon
- single period
- fixed cost
- customer service
- infinite horizon
- stochastic demand
- production system
- single product
- lot size
- periodic review
- ordering cost
- knapsack problem
- integer programming
- lost sales
- production scheduling
- lot sizing
- production cost
- dynamic pricing
- inventory policy
- capacity expansion
- optimal policy
- supply chain management
- multistage
- setup cost
- inventory level