SDP in Inventory Control: Non-stationary Demand and Service Level Constraints

被引：7
|
作者：
Pauls-Worm, Karin G. J. [1 ]
Hendrix, Eligius M. T. [2 ]
机构：
[1] Wageningen Univ, Operat Res & Logist, NL-6700 AP Wageningen, Netherlands
[2] Univ Malaga, Comp Architecture, E-29071 Malaga, Spain
来源：
COMPUTATIONAL SCIENCE AND ITS APPLICATIONS - ICCSA 2015, PT II | 2015年 / 9156卷
关键词：
Stochastic dynamic programming; Inventory control; Non-stationary demand; Service level constraint; SYSTEMS; POLICIES; MODELS;
D O I：
10.1007/978-3-319-21407-8_29
中图分类号：
TP [自动化技术、计算机技术];
学科分类号：
0812 ;
摘要：
Inventory control implies dynamic decision making. Therefore, dynamic programming seems an appropriate approach to look for order policies. For finite horizon planning, the implementation of service level constraints provides a big challenge. This paper illustrates with small instances the implementation of stochastic dynamic programming (SDP) to derive order policies in a straightforward way for systems with non-stationary demand and service level constraints. The small instances allow to perform a full enumeration of possible policies and show that the SDP derived policies are not necessarily optimal.
引用
收藏
页码：397 / 412
页数：16
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