We analyze a periodic review stochastic inventory model with T periods and I items. At the beginning of each period, the inventory position of each item can be adjusted by placing an order or by salvaging some of the inventory. There is a limited capacity for the total inventory held at the end...

We address a general periodic review inventory control model with the simultaneous presence of the following complications: (a) bilateral inventory adjustment options, via procurement orders and salvage sales or returns to the supplier; (b) fixed costs associated with procurement orders and...