Computational procedure of optimal inventory model involving controllable backorder rate and variable lead time with defective units

DOI10.1080/00207721.2011.563869zbMath1305.93208OpenAlexW2127233629MaRDI QIDQ2935095

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Publication date: 22 December 2014

Published in: International Journal of Systems Science (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1080/00207721.2011.563869

zbMATH Keywords

defective unitsorder quantityminimax distribution-free procedurebackorder ratemixtures of distribution

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Optimal stochastic control (93E20)

Related Items (2)

An integrated inventory model with variable lead time, defective units and delay in payments ⋮ Ordering cost reduction in inventory model with defective items and backorder price discount

Uses Software

• IMSL Numerical Libraries
• ElemStatLearn

Cites Work

• Mixture inventory model involving variable lead time with a service level constraint
• Inventory model involving controllable backorder rate and variable lead time demand with the mixtures of distribution
• A continuous review inventory model with controllable backorder rate and investments
• A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices
• Mixture inventory model involving variable lead time and defective units
• Integrated vendor--buyer inventory system with sublot sampling inspection policy and controllable lead time
• The elements of statistical learning. Data mining, inference, and prediction

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