Dual Sourcing and Smoothing Under Nonstationary Demand Time Series: Reshoring with SpeedFactories.
Robert N. BouteStephen M. DisneyJoren GijsbrechtsJan A. Van MieghemPublished in: Manag. Sci. (2022)
Keyphrases
- non stationary
- dual sourcing
- lead time
- supply chain
- inventory policy
- single period
- risk management
- inventory models
- autoregressive
- financial time series
- service level
- stock price
- adaptive algorithms
- random fields
- finite horizon
- inventory control
- inventory management
- concept drift
- customer demand
- inventory systems
- supply chain management
- total cost
- lost sales
- production system
- fractional brownian motion
- stochastic demand
- planning horizon
- production cost
- discrete valued
- lot sizing