On the (Q, r) policy for perishables with positive lead times and multiple outstanding orders.
Emre BerkÜlkü GürlerSaeed PoormoaiedPublished in: Ann. Oper. Res. (2020)
Keyphrases
- lead time
- stochastic lead times
- order quantity
- service level
- stochastic demand
- inventory systems
- assembly systems
- infinite horizon
- optimal policy
- lost sales
- inventory control
- inventory level
- periodic review
- independent and identically distributed
- decision making
- markov decision process
- total cost
- random variables
- supply chain