Coordinating lead times and safety stocks under autocorrelated demand.
Robert N. BouteStephen M. DisneyMarc LambrechtBenny Van HoudtPublished in: Eur. J. Oper. Res. (2014)
Keyphrases
- lead time
- inventory systems
- supply chain
- inventory control
- service level
- single item
- poisson process
- lot sizing
- planning horizon
- single product
- lost sales
- holding cost
- assembly systems
- inventory level
- lot size
- stochastic lead times
- stochastic demand
- random variables
- setup cost
- total cost
- single stage
- infinite horizon
- multi item
- base stock policy
- optimal base stock levels
- periodic review
- service requirements
- stochastic inventory
- base stock levels