Stationary Policies in Multiechelon Inventory Systems with Deterministic Demand and Backlogging.
Fangruo ChenPublished in: Oper. Res. (1998)
Keyphrases
- inventory systems
- stationary policies
- lot sizing
- multi item
- single item
- lead time
- multistage
- inventory level
- periodic review
- single stage
- lost sales
- markov decision processes
- production planning
- planning horizon
- supply chain
- setup cost
- linear program
- dynamic programming
- expected cost
- finite state
- markov decision process
- random walk
- sufficient conditions
- objective function