Optimal ordering policies for periodic-review systems with a refined intra-cycle time scale.
Chi ChiangPublished in: Eur. J. Oper. Res. (2007)
Keyphrases
- base stock policies
- periodic review
- optimal policy
- inventory systems
- inventory policy
- inventory control
- sample path
- finite horizon
- lead time
- optimal solution
- single stage
- inventory replenishment
- infinite horizon
- single item
- stochastic inventory control
- single product
- stochastic demand
- long run
- multistage
- linear programming
- graphical models
- upper bound
- dynamic programming