Computing robust base stock levels

Computing robust base stock levels

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Article ID: iaor2009803
Country: Netherlands
Volume: 5
Issue: 2
Start Page Number: 389
End Page Number: 414
Publication Date: May 2008
Journal: Discrete Optimization
Authors: ,
Keywords: programming: integer
Abstract:

This paper considers how to optimally set the basestock level for a single buffer when demand is uncertain, in a robust framework. We present a family of algorithms based on decomposition that scale well to problems with hundreds of time periods, and theoretical results on more general models.

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