Exact evaluation and optimization of integer-ratio policies for stochastic one-warehouse multiple-retailer inventory systems.
Qinan WangZihan ZhouGuangyu WanPublished in: Oper. Res. Lett. (2024)
Keyphrases
- inventory systems
- periodic review
- echelon stock
- order quantity
- single stage
- single product
- multi item
- stochastic optimization
- lost sales
- lot sizing
- finite horizon
- base stock policy
- single item
- max min
- optimal policy
- monte carlo
- stochastic demand
- linear programming
- long run
- stochastic lead times
- lead time
- mathematical programming
- optimization problems
- markov decision process
- service level