Showing 1 - 10 of 14
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 cycle time, reduces the major ordering costs. An efficient...
Persistent link: https://www.econbiz.de/10005281683
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
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 cycle time, reduces the major ordering costs. An efficient...
Persistent link: https://www.econbiz.de/10011256275
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
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 below which demand from that class is not satisfied...
Persistent link: https://www.econbiz.de/10011255557
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 and below which demand from that class is not satisfied...
Persistent link: https://www.econbiz.de/10005504942
In this paper the well-known minimax theorems of Wald, Ville and Von Neumann are generalized under weaker topological conditions on the payoff function f and/or extended to the larger set of the Borel probability measures instead of the set of mixed strategies.
Persistent link: https://www.econbiz.de/10011256240
In this paper we review known minimax results with applications in game theory and show that these results are easy consequences of the first minimax result for a two person zero sum game with finite strategy sets published by von Neumann in 1928. Among these results are the well known minimax...
Persistent link: https://www.econbiz.de/10005795581
In this paper the well-known minimax theorems of Wald, Ville and Von Neumann are generalized under weaker topological conditions on the payoff function <i>f</i> and/or extended to the larger set of the Borel probability measures instead of the set of mixed strategies.
Persistent link: https://www.econbiz.de/10005450809
In this paper which will appear as a chapter in the Handbook of Generalized Convexity we discuss the basic ideas of convex and quasiconvex analysis in finite dimensional Euclidean spaces. To illustrate the usefulness of this branch of mathematics also applications to optimization theory and...
Persistent link: https://www.econbiz.de/10005281757