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Author: | Aviv, Y. Federgruen, A. |
Title: | Capacitated multi-item inventory systems with random and seasonally fluctuating demands: implications for postponement strategies |
Journal: | Management Science
2001 : APR, VOL. 47:4, p. 512-531 |
Index terms: | CAPACITY DYNAMIC PROGRAMMING INVENTORY CONTROL |
Language: | eng |
Abstract: | The authors address multi-item inventory systems with random and seasonally fluctuating, and possibly correlating, demands. The items are produced in two stages, each with its own lead-time; in the first stage a common intermediate product is manufactured. The production volumes in the first stage are bounded by given capacity limits. |
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