Technical Note - Optimal Inventory Policy in the Presence of a Long-Term Supplier and a Spot Market.

Youhua (Frank) Chen Weili Xue Jian Yang

Published in: Oper. Res. (2013)

Keyphrases

inventory policy
expected profit
long term
supply chain
service level
inventory models
spot market
multi item
infinite horizon
finite horizon
lead time
production system
short term
periodic review
production cost
lost sales
total cost
resource allocation
optimal policy
sufficient conditions