A stochastic periodic review integrated inventory model involving defective items, backorder price discount, and variable lead time.
Yu-Jen LinPublished in: 4OR (2010)
Keyphrases
- lead time
- periodic review
- base stock policy
- inventory systems
- lot size
- lost sales
- single item
- supply chain
- service level
- single product
- infinite horizon
- single period
- objective function
- inventory control
- base stock policies
- inventory level
- customer demand
- finite horizon
- total cost
- single stage
- holding cost
- stochastic model
- stochastic demand
- inventory models
- random variables
- setup cost
- planning horizon
- stochastic process
- replenishment policy