Inventory models with general backorder costs

DOI10.1016/0377-2217(93)90331-GzbMath0792.90022OpenAlexW2069736914MaRDI QIDQ1261378

Yu-Sheng Zheng, Fangruo Chen

Publication date: 16 September 1993

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0377-2217(93)90331-g

zbMATH Keywords

likelihood ratio orderingstochastic inventorybackorder costs

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Markov and semi-Markov decision processes (90C40)

Related Items (10)

Fractional programming approach to two stochastic inventory problems ⋮ Inventory Models with Shelf-Age and Delay-Dependent Inventory Costs ⋮ LOG-CONCAVITY OF COMPOUND DISTRIBUTIONS WITH APPLICATIONS IN OPERATIONAL AND ACTUARIAL MODELS ⋮ An economic order quantity model with partial backlogging under general backorder cost function ⋮ Reduce shortage with self-reservation policy for a manufacturer paying both fixed and variable stockout expenditure ⋮ A CONTINUOUS REVIEW MODEL WITH GENERAL SHELF AGE AND DELAY-DEPENDENT INVENTORY COSTS ⋮ An inventory model with partial backordering and unit backorder cost linearly increasing with the waiting time ⋮ Inventory policies with quantized ordering ⋮ A global optimization method for nonconvex separable programming problems ⋮ OPTIMIZATION AND OPTIMALITY OF (s,S) STOCHASTIC INVENTORY SYSTEMS WITH NON-QUASICONVEX COSTS

Cites Work

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• Finding Optimal (s, S) Policies Is About As Simple As Evaluating a Single Policy
• Inventory policies with quantized ordering
• An Efficient Algorithm for Computing an Optimal (r, Q) Policy in Continuous Review Stochastic Inventory Systems
• (s, S) Policies Under Continuous Review and Discrete Compound Poisson Demand
• Computing Optimal (s, S) Inventory Policies
• On the Opimality of $( {s,S} )$ Inventory Policies: New Conditions and a New Proof
• The Core of an N Person Game

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