Showing 1 - 10 of 12
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.For each demand class there is a critical stock level at and …
Persistent link: https://www.econbiz.de/10011255557
areinfluenced by the inventory process. In this paper we thereforeput forward a model for consumption, where we rely on …
Persistent link: https://www.econbiz.de/10011255825
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/10011256275
analyze the effect on inventory performance of havingminimum order quantities for the different products in the joint order …
Persistent link: https://www.econbiz.de/10011256276
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.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/10011257336
marketing process, and a qualitative and quantitative analysis on the implications for the transportation and inventory costs …
Persistent link: https://www.econbiz.de/10011257520
We consider a model for a serial supply chain in which production, inventory, and transportation decisions are … the additional common and reasonable assumption that the variable transportation and inventory costs are such that holding …
Persistent link: https://www.econbiz.de/10011255511
We study strategic negotiation models featuring costless delay, general recognition procedures, endogenous voting orders, and finite sets of alternatives. Two examples show: 1. non-existence of stationary subgame-perfect equilibrium (SSPE). 2. the recursive equations and optimality conditions...
Persistent link: https://www.econbiz.de/10011255692
This discussion paper resulted in a publication in <A href="http://journals.cambridge.org/action/displayAbstract?fromPage=online&aid=8239378&fulltextType=RA&fileId=S026996481000032X">'Probability in the Engineering and Informational Sciences'</A>, 25(2), 157-69.<p>A version of the classical secretary problem is studied, in which one is interested in selecting one of the <I>b</I> best out of a group of <I>n</I> differently ranked persons who are...</i></i></p></a>
Persistent link: https://www.econbiz.de/10011255721
In this paper we describe a Sequential Importance Sampling (SIS) procedure for counting the number of vertex covers in general graphs. The performance of SIS depends heavily on how close the SIS proposal distribution is to a uniform one over a suitably restricted set. The proposed algorithm...
Persistent link: https://www.econbiz.de/10011257010