A New Optimal Policy for Inventory Control problem with Nonstationary Stochastic Demand

被引：0
|
作者：
Yang, Jie
Ding, Hongwei
Wang, Wei
Dong, Jin
机构：
来源：
IEEE/SOLI'2008: PROCEEDINGS OF 2008 IEEE INTERNATIONAL CONFERENCE ON SERVICE OPERATIONS AND LOGISTICS, AND INFORMATICS, VOLS 1 AND 2 | 2008年
关键词：
D O I：
10.1109/SOLI.2008.4682796
中图分类号：
TM [电工技术]; TN [电子技术、通信技术];
学科分类号：
0808 ; 0809 ;
摘要：
This paper considers an inventory control problem with multiple-period replenishment lead time and nonstationary stochastic demand, and provides an optimal nonstationary (s, S) policy for this problem. Through analyzing the inventory relationship between consecutive periods, a stochastic dynamic programming model is established, then an optimal solution algorithm is developed, and the solution has the nonstationary (s, S) form. By simulation the performances of the proposed policy and current methods are computed, and the effectiveness of this policy is verified. Then this policy is applied to a real cases study, and application results are given.
引用
收藏
页码：1668 / 1673
页数：6
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