Quantifying sustainable control of inventory systems with non-linear backorder costs.
Lina JohanssonFredrik OlssonPublished in: Ann. Oper. Res. (2017)
Keyphrases
- inventory systems
- lost sales
- lead time
- periodic review
- single item
- total cost
- multi item
- single stage
- lot sizing
- expected cost
- order quantity
- setup cost
- holding cost
- inventory level
- control system
- inventory models
- long run
- inventory control
- supply chain
- infinite horizon
- control strategy
- stochastic demand
- learning algorithm
- multistage
- customer demand
- finite horizon
- production cost
- fixed cost
- optimal policy
- single product