Inventory System with Arbitrarily Distributed Lead Times.
W. Karl KrusePublished in: Oper. Res. (1980)
Keyphrases
- lead time
- supply chain
- multi echelon
- service level
- lot sizing
- inventory systems
- assembly systems
- stochastic lead times
- total cost
- inventory control
- random variables
- inventory level
- holding cost
- service requirements
- single product
- single stage
- single item
- periodic review
- infinite horizon
- poisson process
- inventory costs
- reorder point
- lost sales
- setup cost
- planning horizon
- optimal base stock levels
- order quantity
- stochastic demand
- reinforcement learning
- customer demand
- replenishment policy
- graphical models