The study focuses attention on a grouping procedure for the purpose of joint inventory replenishments from a single … similar in concept to the well-known ABC classification of inventory items. The grouping problem is modeled as a "shortest …

operational measures. We model a manufacturing firm that can purchase BI insurance, invest in inventory, and avail of emergency … optimal insurance deductible and coverage limit as well as the optimal inventory level. We prove that insurance and …, insurance can increase the marginal value of inventory and can increase the overall value of emergency sourcing. We also find …

This paper presents a model that incorporates variations in the demand rate at random time points into the inventory …-hand inventory, ordering rate, and the expected total cost rate for a given ordering policy. A sensitivity analysis is conducted, and …

A well-known result in inventory theory is that physical centralization of stocks in a system with multiple retailers …

This paper deals with the analysis of two-location periodic review inventory systems with non-negligible replenishment …

objective of minimizing long-run average transportation and inventory costs. This comment demonstrates that coordinating …

and only if the inventory level is below the reorder point. When this happens, the optimal order and price are coordinated …