Calculating target inventory levels for constrained production: A fast simulation-based approximation.

Published in: Comput. Oper. Res. (2014)

Keyphrases

learning algorithm
inventory level
expected cost
lead time
production system
total cost
long run
production cost
optimal policy
state dependent
lost sales
single stage
queueing networks
infinite horizon
active learning
stationary distribution
stochastic process
sufficient conditions
cost function