Well adjusted: Using expediting and cancelation to manage store replenishment inventory for a seasonal good.
Gregory D. DeYongKyle D. CattaniPublished in: Eur. J. Oper. Res. (2012)
Keyphrases
- lost sales
- lead time
- inventory management
- inventory systems
- supply chain
- inventory models
- inventory level
- optimal policy
- single stage
- sample path
- periodic review
- multi item
- single product
- inventory replenishment
- infinite horizon
- inventory control
- stochastic demand
- optimal base stock levels
- total cost
- order quantity
- single item
- bullwhip effect
- short term
- finite horizon
- expected cost
- service level
- lot sizing
- single period
- approximation methods
- holding cost
- random variables
- inventory costs
- optimal production
- stochastic inventory
- replenishment policy
- base stock policies
- markov decision processes
- setup cost
- planning horizon
- projector camera
- state space
- cost function