Optimal ordering and transfer policy for an inventory with stock dependent demand.
Suresh Kumar GoyalChun-Tao ChangPublished in: Eur. J. Oper. Res. (2009)
Keyphrases
- inventory policy
- ordering cost
- periodic review inventory
- base stock policy
- stochastic demand
- infinite horizon
- lead time
- service level
- finite horizon
- single product
- supply chain
- multi item
- echelon stock
- optimal production
- inventory models
- ordering policy
- inventory replenishment
- expected profit
- periodic review
- inventory level
- lot size
- production system
- inventory control
- order quantity
- safety stock
- optimal policy
- total cost
- single item
- production cost
- lot sizing
- dynamic pricing
- revenue management
- inventory systems
- expected cost
- inventory management
- customer demand
- lost sales
- holding cost
- spare parts
- dynamic programming
- base stock policies
- multistage
- joint replenishment
- long run
- state dependent