Research on inventory control policies for nonstationary demand based on toc

HIGHLIGHTS

  • who: Leng, Kaijun and Wang, Yuxia from the Research center of Hubei Logistics development, Hubei University of Economics, No8, YangQiaohu road, Jiangxia Canglong development zones, Wuhan, China have published the paper: Research on Inventory Control Policies for Nonstationary Demand based on TOC, in the Journal: (JOURNAL)
  • how: The authors proposed three different inventory control policies based on TOC buffer management framework and use simulation approach to compare them with traditional adaptive (s S T) policy. A somewhat similar approach was presented in literature18 which have developed an accurate approximation for both s and Q when . . .

     

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