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This paper studies how companies use order-tracking information to more effectively execute their dual …. Using partial or no order-tracking information, several heuristic policies are developed when the condition fails. We next … assess the value of order-tracking information and demonstrate its significant value through numerical studies. Also, the …
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This article analyzes a continuous time back-ordered inventory system with stochastic demand and stochastic delivery lags for placed orders. This problem in general has an infinite dimensional state space and is hence intractable. We first obtain the set of minimal conditions for reducing such a...
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