A Comparison of the Optimal Costs of Two Canonical Inventory Systems.
Ganesh JanakiramanSridhar SeshadriJ. George ShanthikumarPublished in: Oper. Res. (2007)
Keyphrases
- inventory systems
- periodic review
- single stage
- single item
- multi item
- lot sizing
- lead time
- lost sales
- single product
- multistage
- dynamic programming
- order quantity
- expected cost
- fixed cost
- optimal solution
- setup cost
- total cost
- inventory control
- finite horizon
- optimal strategy
- inventory models
- upper bound
- learning algorithm
- stochastic lead times