Advance demand information and a restricted production capacity: on the optimality of order base-stock policies

DOI10.1007/S00291-006-0076-XzbMath1168.90339OpenAlexW2171821285WikidataQ105788415 ScholiaQ105788415MaRDI QIDQ1018251

Fikri Karaesmen, Jacob Wijngaard

Publication date: 19 May 2009

Published in: OR Spectrum (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00291-006-0076-x

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Related Items (6)

Improving inventory system performance by selective purchasing of buyers' willingness to wait ⋮ Time-based service constraints for inventory systems with commitment lead time ⋮ Simultaneous optimization of capacity and planned lead time in a two-stage production system with different customer due dates ⋮ On the tradeoff between optimal order-base-stock levels and demand lead-times ⋮ Capacity reservation and utilization for a manufacturer with uncertain capacity and demand ⋮ Optimal control policies for an inventory system with commitment lead time

Cites Work

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• The value of advance demand information in production/inventory systems
• The effect of foreknowledge of demand in case of a restricted capacity: the single-stage, single-product case
• Analysis of a Forecasting-Production-Inventory System with Stationary Demand
• Integrating Replenishment Decisions with Advance Demand Information
• Safety Stock versus Safety Time in MRP Controlled Production Systems
• Inventory Control with Limited Capacity and Advance Demand Information
• On the value of information in dynamic production/inventory problems under forecast evolution
• Customer-Order Information, Leadtimes, and Inventories

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