A multi-stage joint economic lot size model with lead time penalty costs.
Taebok KimChristoph H. GlockPublished in: Comput. Ind. Eng. (2013)
Keyphrases
- lot size
- multistage
- lead time
- total cost
- lot sizing
- cost reduction
- setup cost
- inventory costs
- production cost
- production system
- finite horizon
- supply chain
- objective function
- assembly systems
- reorder point
- probabilistic model
- single item
- service level
- planning horizon
- infinite horizon
- markov decision processes
- probability distribution
- cost function
- search space