Continuous inventory control with stochastic and non-stationary Markovian demand.
Walid W. NasrIbrahim J. ElsharPublished in: Eur. J. Oper. Res. (2018)
Keyphrases
- non stationary
- inventory control
- assembly systems
- finite horizon
- base stock policies
- periodic review
- stochastic demand
- inventory models
- supply chain
- demand distributions
- lead time
- customer demand
- customer service
- single period
- lost sales
- dynamic pricing
- autoregressive
- supply chain management
- random fields
- empirical mode decomposition
- inventory management
- inventory level
- pricing strategies
- total cost
- single product
- probability distribution
- infinite horizon
- optimal policy
- stochastic process
- stochastic model