Optimal ordering policies for periodic-review systems with replenishment cycles.
Chi ChiangPublished in: Eur. J. Oper. Res. (2006)
Keyphrases
- periodic review
- base stock policies
- inventory replenishment
- lost sales
- inventory policy
- inventory systems
- lead time
- single product
- inventory control
- optimal policy
- single stage
- inventory models
- stochastic inventory control
- single item
- total cost
- finite horizon
- infinite horizon
- supply chain
- dynamic pricing
- revenue management
- stochastic demand
- sample path
- holding cost
- learning curve
- expected cost
- ordering cost
- upper bound
- special case