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An optimal ordering policy with partial permissibly delay under two-level payments.
Xueling Jiang
Gengxin Dai
Xiaojian Zhang
Fang Ding
Published in:
SOLI (2010)
Keyphrases
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ordering policy
finite horizon
stochastic demand
dynamic programming
planning horizon
optimal solution
raw material
supply chain
multistage
asymptotically optimal
inventory control
order quantity