Optimal transportation policies for production/inventory systems with an unreliable and a reliable carrier.
Sean X. ZhouXiuli ChaoChung-Yee LeePublished in: J. Glob. Optim. (2009)
Keyphrases
- inventory systems
- periodic review
- single stage
- multi item
- base stock policy
- single product
- lost sales
- lead time
- lot sizing
- order quantity
- multistage
- single item
- dynamic programming
- setup cost
- production system
- optimal production
- stochastic lead times
- stochastic demand
- finite horizon
- production cost
- optimal policy
- supply chain
- holding cost
- production planning
- long run
- inventory models
- optimal solution
- transportation problem
- inventory control
- objective function
- reinforcement learning