Anticipated rationing policy for two demand classes under service level constraints.
Yi WangSheng Hao ZhangLinyan SunPublished in: Comput. Ind. Eng. (2013)
Keyphrases
- service level constraints
- state dependent
- optimal policy
- lost sales
- stochastic demand
- optimal production
- lead time
- single item
- planning horizon
- dynamic pricing
- inventory management
- inventory systems
- expected cost
- infinite horizon
- inventory control
- inventory models
- decision problems
- holding cost
- finite horizon
- lot sizing
- service level
- revenue management
- steady state
- inventory level
- customer demand
- inventory policy
- long run
- order quantity
- average cost
- multistage
- ordering cost
- class labels