Showing 1 - 10 of 11
we analyze the effect on inventory performance of having minimum order quantities for the different products in the joint … order, given a complex transportation cost structure. The policies suggested have been tested in a simulation model with …
Persistent link: https://www.econbiz.de/10005137085
influenced by the inventory process. In this paper we therefore put forward a model for consumption, where we rely on established …
Persistent link: https://www.econbiz.de/10005137292
In this paper an inventory model with several demand classes, prioritised according to importance, is analysed. We … consider a lot-for-lot or (S-1,S) inventory model with lost sales.<BR> For each demand class there is a critical stock level at …
Persistent link: https://www.econbiz.de/10005504942
In most multi-item inventory systems, the ordering costs consist of a major cost and a minor cost for each item … included. Applying for every individual item a cyclic inventory policy, where the cycle length is a multiple of some basic … discussed in this paper. It is shown that this algorithm can be used for deterministic multi-item inventory problems, with …
Persistent link: https://www.econbiz.de/10005281683
In this chapter we discuss a tactical optimisation problem that arises in a multistage distribution system where … marketing process, and a qualitative and quantitative analysis on the implications for the transportation and inventory costs …
Persistent link: https://www.econbiz.de/10005281947
In this paper we analyse the effect of satisfying in a different way customers with an order larger than a prespecified cutoff transaction size, in a simple newsboy setting.<BR> For compound Poisson demand with discrete order sizes, we show how to determine the expected costs and the optimal cutoff...
Persistent link: https://www.econbiz.de/10005282020
assumptions on the underlying statistical distributions, a variety of analytical methods and simulation-based methods are … distribution specifications or historical and Monte Carlo simulation methods. Although these approaches to overall VaR estimation … simulation context.<BR> This paper tries to fill this gap by investigating these VaR concepts in a general distribution …
Persistent link: https://www.econbiz.de/10005144576
Total Factor Productivity (TFP)is often used on the macro-economic level as an indicator of changes in efficiency of a country. In many transition economies TFP is seen to have been negative the last decade of the plan economy and starts increasing and become positive after a (quite a) few years...
Persistent link: https://www.econbiz.de/10005137124
Adaptive Polar Sampling (APS) is proposed as a Markov chain Monte Carlo method for Bayesian analysis of models with ill-behaved posterior distributions. In order to sample efficiently from such a distribution, a location-scale transformation and a transformation to polar coordinates are used....
Persistent link: https://www.econbiz.de/10005137171
not too rare to be found by a reasonable mutation process, and that typical simulation paths take the population from …
Persistent link: https://www.econbiz.de/10008838642