Improving Simulation Optimization Run Time When Solving for Periodic Review Inventory Policies in a Pharmacy.
Lauren L. CzerniakMark S. DaskinMariel S. LavieriBurgunda V. SweetJennifer ErleyMatthew A. TuppsPublished in: WSC (2021)
Keyphrases
- periodic review
- inventory policy
- inventory models
- inventory systems
- single stage
- inventory control
- infinite horizon
- finite horizon
- supply chain
- multistage
- lead time
- long run
- multi item
- combinatorial optimization
- lost sales
- single item
- stochastic optimization
- service level
- single product
- max min
- fixed cost
- optimal policy
- single period
- planning horizon
- inventory level
- optimal control
- production system
- linear program
- markov decision processes
- cost function
- reinforcement learning
- decision making