A discrete time inventory system with postponed demands.
B. SivakumarR. JayaramanGunaseelan ArivarignanPublished in: J. Comput. Appl. Math. (2012)
Keyphrases
- planning horizon
- replenishment policy
- markov chain
- lead time
- supply chain
- markov processes
- multi item
- lot sizing
- inventory control
- service level
- joint replenishment
- total cost
- ordering cost
- finite state
- customer demand
- optimal control problems
- single period
- inventory management
- production planning
- production rate
- production system
- random variables
- multi echelon
- profit maximization