Discrete-time spare ordering policy with randomized lead times and discounting.
B. C. GiriTadashi DohiNaoto KaioPublished in: Int. Trans. Oper. Res. (2006)
Keyphrases
- lead time
- inventory level
- lost sales
- planning horizon
- order quantity
- stochastic demand
- supply chain
- inventory systems
- service level
- inventory control
- poisson process
- single stage
- total cost
- lot sizing
- markov chain
- inventory management
- holding cost
- single item
- infinite horizon
- random variables
- setup cost
- dynamic pricing
- expected cost
- fixed cost
- customer demand
- finite state
- standard deviation
- lot size
- multi item
- finite horizon
- long run
- production system
- non stationary
- utility function
- bayesian networks