Push verse pull: Inventory-leadtime tradeoff for managing system variability.
Liming LiuHe XuStuart X. ZhuPublished in: Eur. J. Oper. Res. (2020)
Keyphrases
- lead time
- supply chain
- lot sizing
- service level
- inventory systems
- single item
- inventory control
- inventory level
- stochastic lead times
- setup cost
- holding cost
- random variables
- single product
- planning horizon
- total cost
- inventory costs
- utility function
- lost sales
- periodic review
- lot size
- poisson process
- single stage
- optimal base stock levels
- replenishment policy
- state space
- customer demand
- base stock policy
- multi item
- graphical models
- probability distribution