Optimal inventory policies under service-sensitive demand

DOI10.1016/0377-2217(94)00117-UzbMath0915.90094MaRDI QIDQ1390288

Stephen G. Powell, Ricardo Ernst

Publication date: 14 July 1998

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

zbMATH Keywords

long-run demandoptimal order-up-to inventory policiesservice-sensitive demand

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Related Items (8)

Loss of customer goodwill in the uncapacitated lot-sizing problem ⋮ Martingale methods for pricing inventory penalties under continuous replenishment and compound renewal demands ⋮ Augmented simulation methods for discrete stochastic optimization with recourse ⋮ Statistical measurement of the inventory shortage cost ⋮ Estimating demand by using sales information: inaccuracies encountered ⋮ Enhancement of Theory of Constraints replenishment using a novel generic buffer management procedure ⋮ Manufacturer incentives to improve retail service levels ⋮ Optimal supplier inventory control policies when buyer purchase incidence is driven by past service

Cites Work

• A Deterministic Inventory System with an Inventory-Level-Dependent Demand Rate
• An Inventory Model for Deteriorating Items and Stock-dependent Consumption Rate
• Optimal inventory policy when stockouts alter demand
• A Note on an Inventory Model with Inventory-level-dependent Demand Rate
• Optimal Inventory Location and Control in Production and Distribution Networks

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