) policies in a two-stage serial inventory system with deterministic demand and backlogging.
Fangruo ChenPublished in: Oper. Res. Lett. (1999)
Keyphrases
- lost sales
- periodic review
- inventory systems
- optimal policy
- lead time
- replenishment policy
- echelon stock
- inventory models
- inventory control
- holding cost
- single stage
- lot size
- inventory management
- sample path
- stochastic demand
- inventory level
- base stock policies
- infinite horizon
- lot sizing
- single item
- multi item
- production inventory
- finite horizon
- total cost
- inventory holding
- stochastic lead times
- order quantity
- single period
- setup cost
- planning horizon
- production cost
- demand distributions
- expected cost
- long run average cost
- stochastic inventory
- inventory replenishment
- ordering policy
- supply chain
- optimal production
- joint replenishment
- inventory policy
- multistage
- customer demand
- raw material
- state space
- markov decision processes
- reinforcement learning
- service level
- production system
- dynamic programming