) policies for inventory systems with non-stationary stochastic demand.
S. Armagan TarimBrian G. KingsmanPublished in: Eur. J. Oper. Res. (2006)
Keyphrases
- non stationary
- stochastic demand
- inventory systems
- lost sales
- periodic review
- optimal policy
- inventory control
- lead time
- single stage
- infinite horizon
- order quantity
- finite horizon
- multi item
- holding cost
- single item
- dynamic programming
- setup cost
- expected cost
- inventory level
- service level
- decision problems
- markov decision processes
- state dependent
- multistage
- sufficient conditions
- supply chain
- asymptotically optimal
- average cost
- bayesian networks
- autoregressive
- total cost
- customer demand
- state space
- cost function
- special case