On Computing Order Quantities For Perishable Inventory Control With Non-Stationary Demand

COMPUTATIONAL SCIENCE AND ITS APPLICATIONS - ICCSA 2015, PT II(2015)

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摘要
The determination of order quantities in an inventory control problem of perishable products with non-stationary demand can be formulated as a Mixed Integer Nonlinear Programming problem (MINLP). One challenge is to deal with the beta-service level constraint in terms of the loss function. This paper studies the properties of the optimal solution and derives specific algorithms to determine optimal quantities.
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关键词
Inventory control, Perishable products, MINLP, Loss function, Monte Carlo
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