Multi-class Dynamic Inventory Rationing with Stochastic Demands and Backordering
Dynamic inventory rationing is considered for systems with multiple demand classes, stationary stochastic demands, and backordering. In the literature, dynamic programming has been often applied to address this type of problems. However, due to the curse of dimensionality, computation is a critical...
| Main Authors: | Liu, S., Song, M., Tan, Ka, Zhang, Changyong |
|---|---|
| Format: | Journal Article |
| Published: |
Elsevier BV * North-Holland
2015
|
| Online Access: | http://hdl.handle.net/20.500.11937/8795 |
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