Performance evaluation of a two-echelon supply chain with stochastic demand, lost sales, and Coxian-2 phase replenishment times.
Michael I. VidalisVassilios VrisagotisGeorge VarlasPublished in: Int. Trans. Oper. Res. (2014)
Keyphrases
- supply chain
- stochastic demand
- lead time
- lost sales
- inventory control
- inventory systems
- inventory management
- inventory models
- single stage
- supply chain management
- inventory level
- single item
- infinite horizon
- service level
- customer demand
- lot sizing
- single product
- periodic review
- total cost
- multi item
- holding cost
- setup cost
- decision making
- planning horizon
- base stock policy
- optimal policy
- order quantity
- inventory holding
- raw material
- lot size
- rfid technology
- queue length
- cost function
- safety stock
- lower bound