An inventory system with time-dependent demand and partial backordering under return on inventory investment maximization.
Luis Augusto San-JoséJoaquín SiciliaValentín PandoDavid Alcaide López de PabloPublished in: Comput. Oper. Res. (2022)
Keyphrases
- lead time
- inventory control
- inventory management
- supply chain
- lost sales
- inventory systems
- dynamic pricing
- inventory level
- profit maximization
- lot size
- stochastic demand
- production cost
- revenue management
- demand forecasting
- single item
- lot sizing
- planning horizon
- single product
- multi item
- single period
- holding cost
- joint replenishment
- total cost
- service level
- setup cost
- periodic review
- bullwhip effect
- decision making
- inventory models
- long run
- order quantity
- inventory policy
- inventory costs
- production inventory
- production capacity
- infinite horizon
- inventory replenishment
- replenishment policy
- assembly systems
- production rate
- material handling
- multistage
- single stage
- travel time
- dynamic programming
- objective function
- budget constraints