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Base stock policy - PowerPoint PPT Presentation

HEURISTICS FOR DYNAMIC SCHEDULING OF MULTI -CLASS BASE - STOCK CONTROLLED SYSTEM S

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Outline

Outline. multi-period stochastic demand base-stock policy convexity. Properties of Convex Functions. let f and f i be convex functions cf : convex for c ? 0 and concave for c ? 0 linear function: both convex and concave f + c and f ? c : convex sum of convex functions: convex

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Base stock policy - PowerPoint PPT Presentation

HEURISTICS FOR DYNAMIC SCHEDULING OF MULTI -CLASS BASE - STOCK CONTROLLED SYSTEM S

Outline