Integrated vendor--buyer inventory system with sublot sampling inspection policy and controllable lead time.
Kun-Shan WuLiang-Yuh OuyangChia-Huei HoPublished in: Int. J. Syst. Sci. (2007)
Keyphrases
- lead time
- stochastic lead times
- replenishment policy
- supply chain
- order quantity
- holding cost
- base stock policy
- infinite horizon
- single product
- stochastic demand
- lost sales
- inventory systems
- periodic review inventory
- inventory costs
- service level
- multi echelon
- dual sourcing
- periodic review
- inventory control
- expected profit
- optimal policy
- single item
- base stock levels
- lot sizing
- inventory level
- information asymmetry
- setup cost
- assembly systems
- joint replenishment
- optimal base stock levels
- random variables
- customer demand
- single stage
- inventory management
- single period
- optimal production
- production inventory
- lot size
- finite horizon