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Optimal Ordering Policy for TwoProduct Inventory Models with Fixed Ordering Costs
Li, Yu; Sethi, Suresh - 2022
ina free-boundary problem that shows that the optimality of a (γ, Γ) policy, where γ and Γ are the ordering and order …-up-to boundaries, respectively, such that we order only when the inventory is below γ and then order up to a specified point in Γ. We …
Persistent link: https://www.econbiz.de/10014030102
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Inventory Control Driven by Demand Data : Optimality and Computation of Base Stocks
Bensoussan, Alain; Sethi, Suresh; Thiam, Abdoulaye; … - 2021
This paper advances significantly the literature on the optimality of the base stock policy by generalizing the demand distribution and beginning with a completely general belief prior to be updated as demands are observed over time. As the value function depends on the belief, the functional...
Persistent link: https://www.econbiz.de/10013242575
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Optimal Policies for Inventory Systems with Piecewise-Linear Concave Ordering Costs
Bensoussan, Alain - 2020
to a given order quantity, and a quantity discount beyond that or, equivalently, the case of two suppliers, one with a …
Persistent link: https://www.econbiz.de/10012834054
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Impact of storage assignment decisions on a bucket brigade order picking line
Webster, Scott; Ruben, Robert A.; Yang, Kum-khiong - In: Production and operations management : an international … 21 (2012) 2, pp. 276-290
Persistent link: https://www.econbiz.de/10009542262
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The impact of stochastic lead time reduction on inventory cost under order crossover
Hayya, Jack C.; Harrison, Terry P.; He, X. James - In: European journal of operational research : EJOR 211 (2011) 2, pp. 274-281
Persistent link: https://www.econbiz.de/10008905395
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Optimal dynamic pricing and inventory control with stock deterioration and partial backordering
Pang, Zhan - In: Operations research letters 39 (2011) 5, pp. 375-379
Persistent link: https://www.econbiz.de/10009355628
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Order batching in a pick-and-pass warehousing system with group genetic algorithm
Pan, Jason Chao-Hsien; Shih, Po-Hsun; Wu, Ming-Hung - In: Omega : the international journal of management science 57 (2015), pp. 238-248
Persistent link: https://www.econbiz.de/10011416228
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Optimal ordering for a probabilistic one-time discount
Shaposhnik, Yaron; Herer, Yale T.; Naseraldin, Hussein - In: European journal of operational research : EJOR 244 (2015) 3, pp. 803-814
Persistent link: https://www.econbiz.de/10011289936
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Optimal ordering decisions under two returns policies
Kulkami, Shailesh; Ponnaiyan, Subramaniam; Tarakei, Hakan - In: International journal of production research 53 (2015) 12, pp. 3720-3734
Persistent link: https://www.econbiz.de/10011341811
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Ordering policies for periodic-review inventory systems with quantity-dependent fixed costs
Demirag, Ozgun Caliskan; Chen, Youhua; Yang, Yi - In: Operations research 60 (2012) 4, pp. 785-796
Persistent link: https://www.econbiz.de/10009627427