Optimal Machine Stopping Time and Ordering Cycle for Parts to Minimize the Total Cost of a Supply Chain.
Cun Rong LiXiaohui CaoBhaba R. SarkerPublished in: IEEE Access (2021)
Keyphrases
- supply chain
- inventory policy
- supply chain management
- cost savings
- lead time
- uncertain demand
- customer demand
- service level
- operating costs
- inventory holding
- economic order quantity
- safety stock
- inventory management
- inventory control
- quantity discount
- bullwhip effect
- expected cost
- joint replenishment
- multi item
- replenishment policy
- expected profit
- decision making
- inventory models
- planning horizon
- distribution centers
- supplier selection
- production capacity
- periodic review
- order quantity
- infinite horizon
- production cost
- revenue sharing
- asymptotically optimal
- shop floor
- lot sizing
- life cycle
- lot size