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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...
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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 …
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analyze the effect on inventory performance of havingminimum order quantities for the different products in the joint order …
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This paper treats the problem of setting the inventory level and optimizing the buffer allocation of closed-loop flow … second part, we focus on the relationship between the CONWIP inventory level and the short-term profit. The accuracy of the …
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