Optimizing inventory dynamics: a smart approach for non-instantaneous deteriorating items with linear time function dependent variable demands and holding costs, shortages with backlogging.
Sani RabiuMajid Khan Majahar AliPublished in: J. Appl. Math. Comput. (2024)
Keyphrases
- replenishment policy
- holding cost
- lead time
- supply chain
- single item
- independent variables
- joint replenishment
- total cost
- arrival rate
- asymptotically optimal
- dependent variables
- expected cost
- planning horizon
- lot sizing
- high volume
- infinite horizon
- setup cost
- service level
- assembly systems
- inventory systems
- heavy traffic
- inventory level
- lot size
- periodic review
- average cost
- long run
- lost sales
- inventory control
- single server
- regression analysis
- production cost
- worst case
- special case
- machine learning
- statistically significant
- finite horizon
- single product