Optimal and Near-Optimal (s,S) Inventory Policies for Levy Demand Processes

DOI10.1051/ro:2001102zbMath0996.90003OpenAlexW2128956272MaRDI QIDQ2765598

Gennady Samorodnitsky, Robin Roundy

Publication date: 31 July 2002

Published in: RAIRO - Operations Research (Search for Journal in Brave)

Full work available at URL: http://www.numdam.org/item?id=RO_2001__35_1_37_0

zbMATH Keywords

backorderingGamma distributionLevy processesservice levelsinventory position

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Applications of queueing theory (congestion, allocation, storage, traffic, etc.) (60K30)

Related Items (2)

Continuous accounting of inventory costs with Brownian-motion and Poisson demand processes ⋮ Optimal and Near-Optimal (s,S) Inventory Policies for Levy Demand Processes

Cites Work

• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Inventory models with continuous, stochastic demands
• Semi-stationary clearing processes
• Average cost optimality in inventory models with Markovian demands
• Minimizing holding and ordering costs subject to a bound on backorders is as easy as solving a single backorder cost model
• Optimal and Near-Optimal (s,S) Inventory Policies for Levy Demand Processes
• New Bounds and Heuristics for (Q, r) Policies
• An Efficient Algorithm for Computing Optimal (s, S) Policies
• Computational Issues in an Infinite-Horizon, Multiechelon Inventory Model
• Computing optimal (s, S) policies in inventory models with continuous demands
• Stochastic leadtimes in continuous-time inventory models
• On the Objective Function Behavior in (s, S) Inventory Models
• Finding Optimal (s, S) Policies Is About As Simple As Evaluating a Single Policy
• Inventory policies with quantized ordering
• On Properties of Stochastic Inventory Systems
• A new approach to (s, S) inventory systems
• Sample Path Derivatives for (s, S) Inventory Systems
• Tractable (Q, R) Heuristic Models for Constrained Service Levels
• Using the Deterministic EOQ Formula in Stochastic Inventory Control
• A Simple Heuristic for Computing Nonstationary (s, S) Policies
• Inventory Control in a Fluctuating Demand Environment
• Stationary Stochastic Processes. (MN-8)

This page was built for publication: Optimal and Near-Optimal (s,S) Inventory Policies for Levy Demand Processes