Inventory control in dual sourcing commodity procurement with price correlation

DOI10.1007/S10100-017-0475-XzbMath1390.90025OpenAlexW2607194448MaRDI QIDQ1642842

Peter Kelle, Karl Inderfurth, Rainer Kleber

Publication date: 15 June 2018

Published in: CEJOR. Central European Journal of Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10100-017-0475-x

zbMATH Keywords

stochastic programmingdynamic programmingcapacity planning and investmentinventory theory and control

Mathematics Subject Classification ID

Stochastic programming (90C15) Inventory, storage, reservoirs (90B05) Dynamic programming (90C39)

Related Items (5)

A newsvendor problem with markup pricing in the presence of within-period price fluctuations ⋮ CEJOR special issue: dynamic optimization in management and economics ⋮ Typology and literature review on multiple supplier inventory control models ⋮ Special issue: engineering digital transformation ⋮ Raw materials and production control with random supply and demand, an outside market and production capacity

Cites Work

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• Supply chain operations in the presence of a spot market: a review with discussion
• Optimal Inventory Policies When Ordering Prices are Random
• Technical Note—Optimal Inventory Policy in the Presence of a Long-Term Supplier and a Spot Market

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