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Dynamic inventory strategies for profit maximization in a service facility with stochastic service,demand and lead time
Authors:Oded Berman  Eungab Kim
Affiliation:(1) Joseph L. Rotman School of Management, University of Toronto, Toronto, Ontario, M5S 3E6, CANADA;(2) College of Business Administration, Ewha Womans University, 11-1 Daehyun-dong, Seodaemun-gu, Seoul, 120-750, Korea
Abstract:
Keywords:Inventory management  Optimal control  Markov decision processes  Erlang process
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