Stochastic optimization methods for supply chains with perishable products /

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Bibliographic Details
Main Authors: Vo?lkel, Michael A.
Published: Logos Verlag Berlin,
Publisher Address: Berlin :
Publication Dates: 2020.
Literature type: Book
Language: English
Subjects:
Carrier Form: xv, 103 pages : illustrations ; 21 cm
Bibliography: Includes bibliographical references (pages 99-103).
ISBN: 9783832551070
3832551077
Index Number: HD38
CLC: F252
Call Number: F252/V917
Contents: Intro -- 1 Introduction -- 1.1 Motivation -- 1.2 Outline -- 1.3 Contribution -- 2 Foundations -- 2.1 Periodic review models -- 2.2 Random yield modeling -- 2.3 Dynamic programming and related solution methods -- 3 A DP approach for the periodic review model with random yield -- 3.1 Abstract -- 3.2 Introduction -- 3.3 Literature review -- 3.4 Model formulation -- 3.4.1 Setting -- 3.4.2 Markov decision process formulation -- 3.4.3 Equivalent states -- 3.4.4 Bounds -- 3.5 Solution approaches -- 3.5.1 Optimal solution approach -- 3.5.2 Approximate dynamic programming solution approach
3.5.3 Heuristic solution approaches -- 3.6 Computational results -- 3.6.1 ADP versus optimal results -- 3.6.2 Value of tracking and dynamic tracking for small instances -- 3.6.3 ADP versus heuristics -- 3.6.4 Value of tracking and dynamic tracking for moderate and large instances -- 3.7 Conclusion -- 3.A List of symbols -- 3.B Proof of Lemma 3.4.1 -- 3.C Proof of Lemma 3.4.2 -- 3.D Proof of Theorem 3.4.1 -- 3.E Proof of Theorem 3.4.2 -- 3.F Proof of Proposition 3.4.1 -- 3.G Proof of Proposition 3.4.2 -- 3.H Proof of Proposition 3.4.3 -- 3.I Deterministic period review cost
3.J Proof of Proposition 3.4.4 -- 3.K Proof of Proposition 3.5.1 -- 3.L Approximate value iteration enhanced by structural findings -- 3.M Proof of Proposition 3.5.2 -- 3.N Hierarchical approximate dynamic programming algorithm -- 3.O Tables -- 3.P Figures -- 4 The periodic review model with independent age-dependent lifetimes -- 4.1 Abstract -- 4.2 Introduction -- 4.3 Literature review -- 4.4 Model for FIFO inventory depletion policy -- 4.5 Policies -- 4.5.1 One-stage lookahead policy -- 4.5.2 Newsvendor policy -- 4.5.3 No-perish periodic review policy -- 4.5.4 Batch sizes -- 4.6 Numerical study
4.6.1 Experimental data for unrestricted order size case -- 4.6.2 Experimental data for batch sizes -- 4.6.3 Real data -- 4.7 Conclusion -- 4.A List of symbols -- 4.B Proof of Proposition 5.3.1 -- 5 Ordering policies for perishable products under LIFO depletion policies -- 5.1 Abstract -- 5.2 Introduction and literature review -- 5.3 Model formulation -- 5.4 Computational results -- 5.5 Conclusion -- 5.A List of symbols -- 6 Conclusion -- 6.1 Summary of key results -- 6.2 Critical review -- 6.3 Directions for future research -- Bibliography