Seyedan, Mahya; Mafakheri, Fereshteh; Wang, Chun - In: Supply chain analytics 3 (2023), pp. 1-13
Inventory control aims to meet customer demands at a given service level while minimizing cost. As a result of market volatility, customer demand is generally changing, and ignoring this uncertainty could lead to under or over-estimation of inventories resulting in shortages or inefficiencies....