Consignment stock policy with controllable lead time for effective inventory management in supply chains.
Ch. SrinivasC. S. P. RaoPublished in: Int. J. Manuf. Technol. Manag. (2007)
Keyphrases
- lead time
- supply chain
- inventory management
- base stock policy
- inventory level
- economic order quantity
- customer demand
- lost sales
- supply chain management
- optimal production
- single product
- service level
- holding cost
- safety stock
- inventory control
- infinite horizon
- stochastic demand
- lot sizing
- inventory systems
- single item
- inventory policy
- setup cost
- planning horizon
- total cost
- order quantity
- periodic review
- dual sourcing
- dynamic pricing
- single stage
- inventory models
- decision making
- expected profit
- data mining
- base stock policies
- steady state