Periodic Review Inventory Management With Budget Constraints: Discrete-Event Simulation And Sensitivity Analysis.
Natalya LysovaFederico SolariDamiana CaccamoClaudio SuppiniRoberto MontanariPublished in: ECMS (2023)
Keyphrases
- sensitivity analysis
- inventory management
- lost sales
- inventory systems
- single stage
- optimal policy
- supply chain
- inventory control
- multi item
- lead time
- infinite horizon
- influence diagrams
- finite horizon
- expected cost
- inventory level
- setup cost
- decision problems
- planning horizon
- lot sizing
- decision variables
- markov decision processes
- multistage
- dynamic programming
- decision making
- sufficient conditions
- lower bound
- objective function