Evaluation and selection of periodic inventory review policy for irregular demand: A case study.
Feng Yu WangLaura Xiao Xia XuPublished in: IEEM (2015)
Keyphrases
- lead time
- dynamic pricing
- stochastic demand
- revenue management
- inventory policy
- single product
- lost sales
- production inventory
- infinite horizon
- optimal production
- inventory level
- inventory systems
- ordering cost
- state dependent
- planning horizon
- inventory management
- optimal policy
- inventory replenishment
- holding cost
- case study
- inventory control
- production cost
- periodic review
- ordering policy
- total cost
- supply chain
- inventory costs
- optimal pricing
- fixed cost
- single item
- asymptotically optimal
- lot sizing
- profit maximization
- bullwhip effect
- lot size
- supply chain management
- dynamic programming