Making the Newsvendor Smart - Order Quantity Optimization with ANNs for a Bakery Chain.
Franz SeubertNikolai SteinFabian TaigelAxel WinkelmannPublished in: AMCIS (2020)
Keyphrases
- order quantity
- service level
- stochastic demand
- artificial neural networks
- decision variables
- standard deviation
- reorder point
- single item
- inventory systems
- lost sales
- single period
- economic order quantity
- optimal policy
- optimization problems
- lead time
- sensitivity analysis
- sufficient conditions
- single stage
- multi item
- inventory control
- max min
- infinite horizon
- knapsack problem
- supply chain