Inventory management under date-terms supplier trade credit with stochastic demand and leadtime.
David J. RobbEdward A. SilverPublished in: J. Oper. Res. Soc. (2006)
Keyphrases
- lead time
- inventory management
- supply chain
- stochastic demand
- lost sales
- customer demand
- inventory control
- optimal production
- infinite horizon
- service level
- single item
- inventory systems
- supply chain management
- lot sizing
- inventory level
- single stage
- total cost
- setup cost
- periodic review
- decision making
- single product
- holding cost
- order quantity
- planning horizon
- robust optimization
- random variables
- utility function
- optimal policy
- sufficient conditions
- reinforcement learning