Asymptotically Optimal Inventory Control for Assemble-to-Order Systems with Identical Lead Times.
Martin I. ReimanQiong WangPublished in: Oper. Res. (2015)
Keyphrases
- inventory control
- asymptotically optimal
- lead time
- service level
- supply chain
- arrival rate
- call center
- assembly systems
- single item
- holding cost
- heavy traffic
- lot sizing
- stochastic demand
- inventory models
- inventory systems
- setup cost
- customer demand
- infinite horizon
- periodic review
- random variables
- lost sales
- total cost
- planning horizon
- single product
- state dependent
- queue length
- production system
- single stage
- optimal policy
- base stock policies
- finite horizon
- inventory level
- search space
- utility function
- dynamic programming