Technical Note - Constant-Order Policies for Lost-Sales Inventory Models with Random Supply Functions: Asymptotics and Heuristic.
Jinzhi BuXiting GongDacheng YaoPublished in: Oper. Res. (2020)
Keyphrases
- lost sales
- inventory models
- optimal policy
- inventory systems
- sample path
- single stage
- inventory control
- periodic review
- single period
- inventory policy
- multi item
- lead time
- infinite horizon
- order quantity
- inventory level
- demand distributions
- finite horizon
- fixed cost
- expected cost
- dynamic programming
- reinforcement learning
- sufficient conditions
- markov chain
- supply chain
- decision making
- learning algorithm