Lead time and ordering cost reductions in budget and storage space restricted probabilistic inventory models with imperfect items.
Aref Gholami-QadikolaeiAbolfazl MirzazadehReza Tavakkoli-MoghaddamPublished in: RAIRO Oper. Res. (2015)
Keyphrases
- storage space
- inventory models
- ordering cost
- lead time
- inventory control
- service level
- planning horizon
- lost sales
- finite horizon
- inventory policy
- supply chain
- single product
- setup cost
- fixed cost
- production cost
- lot size
- single item
- lot sizing
- periodic review
- holding cost
- inventory systems
- total cost
- infinite horizon
- response time
- data cube
- customer service
- random variables
- bayesian networks
- probabilistic model
- multi item
- customer demand
- pricing strategies
- optimal policy
- data mining
- multistage
- cost function
- production planning
- materialized views
- machine learning