Inventory Cost Rate Functions with Nonlinear Shortage Costs.
Kaj RoslingPublished in: Oper. Res. (2002)
Keyphrases
- total cost
- holding cost
- expected cost
- inventory costs
- fixed cost
- production cost
- setup cost
- lead time
- cost savings
- periodic review
- material handling
- inventory level
- cost minimization
- replenishment policy
- service level
- long run
- lost sales
- lot size
- customer demand
- supply chain
- planning horizon
- maintenance cost
- production capacity
- cost reduction
- single item
- optimal solution
- average cost
- lowest cost
- order quantity
- infinite horizon
- cost sensitive learning
- inventory replenishment
- transportation costs
- travel cost
- effort needed
- optimal production
- failure rate
- inventory systems
- processing cost
- long run average cost
- asymptotically optimal
- inventory control
- joint replenishment
- nonlinear functions
- lot sizing
- single product
- inventory management
- search costs
- misclassification costs
- allocation policy
- storage space
- inventory models
- production rate