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Construction Material Safety-Stock Determination Under Nonstationary Stochastic Demand and Random Supply Yield.
Hui Lu
Hongwei Wang
Yong Xie
Heng Li
Published in:
IEEE Trans. Engineering Management (2016)
Keyphrases
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non stationary
stochastic demand
safety stock
customer demand
inventory control
supply chain
infinite horizon
finite horizon
lead time
optimal policy
inventory management
holding cost
inventory policy
service level
lost sales
optimal control
random fields
inventory models
dynamic programming