RT Conference Proceedings
T1 Generating order policies by SDP: non-stationary demand and service level constraints
A1 Pauls-Worm, Karin G.J.
A1 Hendrix, Eligius María Theodorus
K1 Arquitectura de ordenadores
AB Inventory control implies dynamic decision making. Therefore,dynamic programming seems an appropriate approach to look fororder policies. For finite horizon planning, the implementation of servicelevel constraints provides a big challenge. This paper illustrates withsmall instances the implementation of stochastic dynamic programming(SDP) to derive order policies in a straightforward way for systems withnon-stationary demand and service level constraints. The small instancesallow to perform a full enumeration of possible policies and show thatthe SDP derived policies are not necessarily optimal.
YR 2015
FD 2015-07-06
LK http://hdl.handle.net/10630/10031
UL http://hdl.handle.net/10630/10031
LA eng
NO Universidad de Málaga. Campus de Excelencia Internacional Andalucía Tech.
DS RIUMA. Repositorio Institucional de la Universidad de Málaga
RD 22 ene 2026