Tutorial on constructing a red blood cell inventory management system with two demand rates.
Renata KopachBaris BalciogluMichael CarterPublished in: Eur. J. Oper. Res. (2008)
Keyphrases
- management system
- lead time
- lost sales
- inventory control
- inventory management
- inventory level
- inventory systems
- dynamic pricing
- demand forecasting
- stochastic demand
- supply chain
- lot sizing
- planning horizon
- single period
- inventory policy
- inventory models
- profit maximization
- periodic review
- decision support system
- single product
- lot size
- order quantity
- production capacity
- production cost
- revenue management
- production inventory
- single item
- setup cost
- holding cost
- production rate
- total cost
- bullwhip effect
- base stock policies
- multi item
- inventory replenishment
- service level
- customer demand
- single stage
- inventory costs
- uncertain demand
- stochastic lead times
- replenishment policy
- ordering cost
- capacity expansion
- fixed cost
- optimal policy
- random variables
- state dependent
- expected cost
- assembly systems
- material handling
- state space
- demand distributions
- facility location
- multistage
- intelligent tutoring systems