Forward and backward stocking policies for a two-level supply chain with consignment stock agreement and stock-dependent demand.
W. LeeS.-P. WangW.-C. ChenPublished in: Eur. J. Oper. Res. (2017)
Keyphrases
- lead time
- inventory level
- supply chain
- forward and backward
- lost sales
- periodic review
- holding cost
- inventory control
- bullwhip effect
- inventory systems
- service level
- supply chain management
- single item
- inventory management
- customer demand
- order quantity
- replenishment policy
- finished goods inventory
- lot sizing
- inventory models
- inventory policy
- total cost
- single product
- stochastic demand
- single period
- planning horizon
- single stage
- setup cost
- operating costs
- capacity planning
- infinite horizon
- lot size
- safety stock
- dynamic pricing
- fixed cost
- decision making
- uncertain demand
- optimal policy
- genetic algorithm
- greedy search
- base stock policies
- data mining
- dynamic programming
- upper bound
- stock price