The optimal replenishment policy for time-varying stochastic demand under vendor managed inventory.
Kannan GovindanPublished in: Eur. J. Oper. Res. (2015)
Keyphrases
- stochastic demand
- lead time
- replenishment policy
- single item
- supply chain
- vendor managed inventory
- infinite horizon
- inventory control
- lot sizing
- joint replenishment
- upper bound
- multi item
- finite horizon
- service level
- order quantity
- combinatorial auctions
- setup cost
- total cost
- holding cost
- lost sales
- supply chain management
- optimal policy
- average cost
- long run
- sufficient conditions
- worst case