A Robust Replenishment and Production Control Policy for a Single-Stage Production/Inventory System with Inventory Inaccuracy.
Zheng WangFelix T. S. ChanPublished in: IEEE Trans. Syst. Man Cybern. Syst. (2015)
Keyphrases
- production inventory
- single stage
- lost sales
- inventory level
- long run
- single product
- control policy
- periodic review
- inventory systems
- lead time
- expected cost
- base stock policy
- infinite horizon
- optimal policy
- inventory management
- inventory control
- sample path
- inventory models
- base stock policies
- production rate
- total cost
- finite horizon
- production system
- stochastic demand
- multi item
- multistage
- average cost
- order quantity
- single item
- lot sizing
- supply chain
- state dependent
- setup cost
- customer demand
- reinforcement learning
- queueing networks
- production planning
- service level
- machine learning
- robust optimization
- finite state
- utility function
- state space