Markov approach for inventory control with meta-heuristics in intermittent demand environment.
Demand variability directly affects inventory management. The variability of intermittent demand causes high lost sales or holding costs. While lost sales reduce customer satisfaction, keeping excessive stock also creates high costs for companies. This situation can be prevented with an appropriate...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Public Library of Science (PLoS)
2025-01-01
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| Series: | PLoS ONE |
| Online Access: | https://doi.org/10.1371/journal.pone.0325658 |
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