Single-period inventory model for one-level assembly system with stochastic lead times and demand

@inproceedings{Hnaien2016SingleperiodIM,
  title={Single-period inventory model for one-level assembly system with stochastic lead times and demand},
  author={Faicel Hnaien and Alexandre Dolgui and Desheng Dash Wu},
  year={2016}
}
Replenishment planning of an assembly system with one type of finished product assembled from different types of components is considered. The components are procured from diverse external suppliers to satisfy finished product demand. It is supposed that the component lead times and finished product demand are random discrete variables. The assembly company must determine what are the best quantities of components and when is the right time to order. The objective is to minimise the total cost… CONTINUE READING