Effects of inspection on retailer's ordering policy for deteriorating items with time-dependent demand under inflationary conditions.
Chandra K. JaggiMandeep MittalAditi KhannaPublished in: Int. J. Syst. Sci. (2013)
Keyphrases
- ordering policy
- planning horizon
- stochastic demand
- order quantity
- lot size
- finite horizon
- lost sales
- raw material
- supply chain
- lead time
- manufacturing systems
- batch size
- inventory control
- lot sizing
- infinite horizon
- service level
- total cost
- production planning
- expected cost
- inventory systems
- fixed cost
- replenishment policy
- optimal policy
- standard deviation
- single item
- single stage
- production system
- multistage
- sufficient conditions
- random variables
- batch mode
- multi item
- inventory level
- petri net
- poisson process
- holding cost
- cost function
- markov chain
- markov decision process
- supply chain management