Optimal replenishment policy for perishable seasonal products in a season with ramp-type time dependent demand.
Shibaji PandaS. SenapatiManjusri BasuPublished in: Comput. Ind. Eng. (2008)
Keyphrases
- replenishment policy
- lead time
- joint replenishment
- single item
- supply chain
- inventory systems
- lot sizing
- inventory control
- inventory level
- holding cost
- service level
- setup cost
- lost sales
- total cost
- expected profit
- infinite horizon
- utility function
- planning horizon
- decision making
- random variables
- upper bound
- cooperative game
- supply chain management
- budget constraints
- inventory models
- dynamic programming
- optimal solution