Bestellfunktion
Bestellfunktion is a term used in inventory management and supply chain theory to describe a rule that determines the quantity of an order to place based on the current state of the system. In practice, the function maps the present stock level and possibly other state variables to a requested order quantity. The goal is to balance ordering, holding, and shortage costs while ensuring adequate service levels.
A typical form is the order-up-to policy, also called base-stock policy. Here the Bestellfunktion O(x) orders
These functions are used in continuous-review and periodic-review systems and are often derived from dynamic programming
Limitations include uncertainty in demand, lead times, and supply constraints. The Bestellfunktion remains a central concept