Production rate and lot-size dependent lead time reduction strategies in a supply chain model with stochastic demand, controllable setup cost and trade-credit financing.
Monami Das RoyShib Sankar SanaPublished in: RAIRO Oper. Res. (2021)
Keyphrases
- lead time
- supply chain
- lot size
- setup cost
- stochastic demand
- planning horizon
- inventory control
- lot sizing
- reorder point
- supply chain management
- service level
- single item
- total cost
- customer demand
- infinite horizon
- inventory systems
- holding cost
- inventory level
- inventory management
- production rate
- lost sales
- single product
- random variables
- finite horizon
- inventory models
- state dependent
- probabilistic model
- decision making
- queue length
- decision makers
- production planning
- inventory policy