全部 标题 作者
关键词 摘要

OALib Journal期刊
ISSN: 2333-9721
费用:99美元

查看量下载量

相关文章

更多...

Computing nonstationary (s, S) inventory policies via genetic algorithm

Keywords: stochastic model applications , genetic algorithm , nonstationary inventory management

Full-Text   Cite this paper   Add to My Lib

Abstract:

A periodic-review inventory model with nonstationary stochastic demand under an (s, S) policy is considered.We apply a genetic algorithm to solve for reorder points and order-up-to levels which minimize an expected total cost.A closed-form exact expression for the expected cost is obtained from a nonstationary discrete-time Markov chain. In ournumerical experiments, our approach performs very well.

Full-Text

comments powered by Disqus

Contact Us

service@oalib.com

QQ:3279437679

WhatsApp +8615387084133

WeChat 1538708413