AN (S - 1, S) Inventory System with Fixed Shelf Life and Constant Lead Times.
David PerryMorton J. M. PosnerPublished in: Oper. Res. (1998)
Keyphrases
- lead time
- supply chain
- multi echelon
- service level
- lot sizing
- stochastic lead times
- inventory control
- single item
- inventory systems
- assembly systems
- single product
- ordering cost
- inventory level
- planning horizon
- setup cost
- random variables
- periodic review
- poisson process
- infinite horizon
- lost sales
- holding cost
- total cost
- optimal base stock levels
- inventory costs
- base stock policy
- stochastic demand
- order quantity
- reorder point
- single stage
- base stock levels
- lot size
- expected profit
- replenishment policy
- decision making