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system, consisting of one warehouse and one retailer, where the inventory at the retailer is controlled by an order up to … level policy, and where at the warehouse there is enough inventory to satisfy all orders from the retailer and the customers …
Persistent link: https://www.econbiz.de/10011149261
) lost sales inventory model with multiple demand classes. Our main result is that we establish guaranteed optimality for two …
Persistent link: https://www.econbiz.de/10010731601
We analyze a newsboy problem with resalable returns. A single order is placed before the selling season starts. Purchased products may be returned by the customer for a full refund within a certain time interval. Returned products are resalable, provided they arrive back before the end of the...
Persistent link: https://www.econbiz.de/10010731608
We present a thorough analysis of the economic order quantity model with shortages under a general inventory cost rate …
Persistent link: https://www.econbiz.de/10010731642
In this paper we discuss a general framework for single item inventory control models. This framework is based on the …
Persistent link: https://www.econbiz.de/10010731648
on inventory control will be examined. …
Persistent link: https://www.econbiz.de/10010731664
In this paper we introduce a new class of OR games: economic lot-sizing (ELS) games. There are a number of retailers that have a known demand for a fixed number of periods. To satisfy demand the retailers order products at the same manufacturer. By placing joint orders instead of individual...
Persistent link: https://www.econbiz.de/10010731716
In this paper we give a complete analysis of the joint replenishment problem (JRP) under constant demands and continuous time. We present a solution method for the JRP when a correction is made for empty replenishments, and we test the solution procedures with real data. We show that the...
Persistent link: https://www.econbiz.de/10010731720
During the last two decades, many heuristic procedures for the joint replenishment problem have appeared in the literature. The only available optimal solution procedure was based on an enumerative approach and was computationally prohibitive. In this paper we present an alternative optimal...
Persistent link: https://www.econbiz.de/10010731723
In this article, we investigate the profitability of remanufacturing option when the manufactured and remanufactured products are segmented to different markets and the production capacity is finite. It is assumed that remanufactured products can be substituted by the manufactured ones. A single...
Persistent link: https://www.econbiz.de/10010731782