An integrated guaranteed- and stochastic-service approach to inventory optimization in supply chains.
Steffen KlosterhalfenDaniel DittmarStefan MinnerPublished in: Eur. J. Oper. Res. (2013)
Keyphrases
- supply chain
- lead time
- inventory management
- supply chain management
- bullwhip effect
- stochastic optimization
- inventory control
- operating costs
- supplier selection
- joint replenishment
- periodic review
- planning horizon
- customer demand
- uncertain demand
- decision making
- service level
- vehicle routing
- safety stock
- web services
- trading partners
- virtual enterprise
- service oriented
- production capacity
- single item
- customer orders