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Titel:

Deriving interpretable decision rules from optimal purchasing and blending policies in port wine inventory management

Dokumenttyp:
Nicht veröffentlichter Vortrag
Autor(en):
Pahr, A.
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...     »
Veranstaltung:
GPOM online workshop
Jahr:
2020
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