Optimal inventory policy for two substitutable products with customer service objectives.

Xu Chen Youyi Feng Matthew F. Keblis Jianjun Xu

Published in: Eur. J. Oper. Res. (2015)

Keyphrases

customer service
inventory policy
expected profit
inventory models
inventory control
service level

production cost
supply chain
infinite horizon
customer support
multi item
call center

dynamic programming
periodic review
asymptotically optimal
finite horizon
customer satisfaction
production system

ordering cost
optimal control
lead time
cloud computing
state space