An optimal inventory model with interaction of lot size, production rate and lead-time in a fuzzy back-order system.
S. PriyanP. MalaSunil TiwariPublished in: RAIRO Oper. Res. (2019)
Keyphrases
- lot size
- lead time
- lot sizing
- production cost
- planning horizon
- production process
- total cost
- inventory costs
- production rate
- base stock policy
- replenishment policy
- reorder point
- setup cost
- finite horizon
- raw material
- production planning
- inventory systems
- multistage
- single item
- supply chain
- probabilistic model
- infinite horizon
- service level
- objective function
- optimal solution
- expert systems
- cost function
- single product
- inventory policy
- inventory control
- manufacturing systems
- decision making