Managing Perishables with Substitution: Inventory Issuance and Replenishment Heuristics.
Borga DenizItir Z. KaraesmenAlan Scheller-WolfPublished in: Manuf. Serv. Oper. Manag. (2010)
Keyphrases
- lead time
- supply chain
- single product
- inventory management
- lost sales
- total cost
- inventory replenishment
- bullwhip effect
- inventory level
- single item
- service level
- inventory systems
- periodic review
- inventory costs
- replenishment policy
- infinite horizon
- inventory control
- multi item
- search algorithm
- order quantity
- stochastic demand
- stochastic inventory
- customer demand
- holding cost
- heuristic search
- finite horizon
- optimal base stock levels
- optimal policy
- revenue management
- sample path
- single stage
- material handling
- asymptotically optimal
- heuristic methods
- upper bound
- evolutionary algorithm