Optimal inventory control with sequential online auction in agriculture supply chain: an agent-based simulation optimisation approach.
Jingsi HuangJie SongPublished in: Int. J. Prod. Res. (2018)
Keyphrases
- markov decision processes
- inventory control
- finite horizon
- supply chain
- online auctions
- stochastic demand
- optimal policy
- dynamic programming
- infinite horizon
- periodic review
- inventory models
- single product
- state space
- inventory policy
- customer demand
- fixed cost
- reverse logistics
- electronic commerce
- base stock policies
- supply chain management
- lead time
- production capacity
- lost sales
- pricing strategies
- customer service
- dynamic pricing
- optimal solution
- optimal control
- integer programming
- utility function
- multistage
- lower bound