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Keywords: Base-stock policy
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Journal Articles
Journal:
Industrial Management & Data Systems
Industrial Management & Data Systems (2023) 123 (8): 2013–2037.
Published: 19 June 2023
.... In the system operation stage, replenishment decisions are further made based on the prices generated from the previous stage. Findings It is proved that base-stock policy is optimal for the studied system, and the optimal based-stock level is provided. The global optimal strategies are obtained for three...
