Analysis and Optimization of a Single-Item Production System with Lead Time under General Periodic Review Inventory Policy.
Koichi NakadePublished in: MIM (2013)
Keyphrases
- single item
- periodic review
- lead time
- inventory policy
- production system
- infinite horizon
- lot sizing
- inventory systems
- service level
- multi item
- multistage
- single stage
- finite horizon
- ordering cost
- inventory level
- supply chain
- planning horizon
- upper bound
- inventory control
- single product
- inventory models
- long run
- lost sales
- holding cost
- total cost
- dynamic programming
- setup cost
- lot size
- stochastic demand
- utility function
- optimal policy
- special case
- fixed cost
- mixed integer programming
- average cost
- combinatorial auctions
- inventory management
- markov decision processes
- steady state
- single period
- base stock policies