Controlling Random Lead Time Demand Through a Flexible Production System Under Supply Chain Management.
Mitali SarkarByung Do ChungPublished in: IEEE Access (2021)
Keyphrases
- lead time
- supply chain
- production system
- supply chain management
- planning horizon
- inventory level
- inventory control
- inventory management
- inventory systems
- service level
- lot sizing
- optimal production
- single item
- independent and identically distributed
- multistage
- single product
- capacity planning
- stochastic demand
- dynamic pricing
- production rate
- infinite horizon
- total cost
- production process
- holding cost
- setup cost
- lot size
- customer demand
- inventory policy
- expert systems
- lost sales
- decision making
- single stage
- inventory models
- production capacity
- order quantity
- periodic review
- expected cost
- state space
- cost function