Computing the Optimal Replenishment Policy for Inventory Systems with Random Discount Opportunities.

Published in: Oper. Res. (2001)

Keyphrases

inventory systems
replenishment policy
lead time
single item
lot sizing
multi item
supply chain

single stage
service level
joint replenishment
upper bound
multistage
holding cost
total cost

inventory control
infinite horizon
setup cost
random variables
lost sales
inventory level

finite horizon
optimal solution
long run
combinatorial auctions
dynamic programming
mathematical programming