A stochastic multi-item replenishment and delivery problem with lead-time reduction initiatives and the solving methodologies.
Ligang CuiJie DengRui LiuDongyang XuYajun ZhangMaozeng XuPublished in: Appl. Math. Comput. (2020)
Keyphrases
- multi item
- stochastic inventory
- lead time
- lot sizing
- inventory systems
- optimal base stock levels
- single item
- setup times
- setup cost
- supply chain
- lost sales
- base stock policies
- periodic review
- service level
- single product
- single period
- single stage
- sample path
- inventory control
- production planning
- random variables
- inventory level
- reorder point
- combinatorial auctions
- planning horizon
- stochastic demand
- production cost
- inventory policy
- mixed integer
- infinite horizon
- decision making
- mixed integer programming
- np hard