Optimizing decisions for a dual-channel retailer with service level requirements and demand uncertainties: A Wasserstein metric-based distributionally robust optimization approach.
Yue SunRuozhen QiuMinghe SunPublished in: Comput. Oper. Res. (2022)
Keyphrases
- robust optimization
- safety stock
- service level
- dual channel
- supply chain
- order quantity
- lead time
- inventory management
- inventory policy
- demand uncertainty
- lot sizing
- service requirements
- mathematical programming
- stochastic programming
- decision making
- bullwhip effect
- portfolio optimization
- inventory models
- stochastic demand
- single product
- supply chain management
- inventory control
- inventory systems
- planning horizon
- decision makers
- decision theory
- total cost
- semidefinite programming
- call center
- single item
- single stage
- theoretical framework
- production planning
- artificial intelligence
- customer demand
- holding cost
- lot size
- multi item
- setup cost
- inventory level
- production cost