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Document type:
Nicht veröffentlichter Vortrag 
Author(s):
Pahr, A. 
Title:
Deriving interpretable decision rules from optimal purchasing and blending policies in port wine inventory management 
Abstract:
Tactical port wine management is characterized by two decision periods per year. Purchasing decisions after the grape harvest and sales decisions after having reassessed the quality of stocks in January both have to factor in the current state of the multi-age inventory system. Flexibility in sales is provided through the possibility of blending stocks from different age classes to fulfill the demand for a certain target age. Further, decision-makers deal with stochastic harvest-dependent purcha...    »
 
Event:
GPOM online workshop 
Year:
2020