Optimal inventory policy for two substitutable products with customer service objectives

DOI10.1016/j.ejor.2015.04.033zbMath1346.90018OpenAlexW2041151880MaRDI QIDQ319723

Xu Chen, Youyi Feng, Matthew F. Keblis, Jian-Jun Xu

Publication date: 6 October 2016

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

Full work available at URL: https://doi.org/10.1016/j.ejor.2015.04.033

zbMATH Keywords

inventory managementsubstitutionperishabilitycapacity managementcustomer service objective

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Related Items (5)

An analysis of inventory policies for substitute pharmaceuticals with purchasing or selling constraints ⋮ Distributing the fashion product in direct or retail channel: The impact of fashion level and direct selling cost ⋮ Effects of production capacity and substitutability on optimal pricing and inventory policies ⋮ Economic order quantity for joint complementary and substitutable items ⋮ Production/inventory competition between firms with fixed-proportions co-production systems

Cites Work

• Evaluation of unidirectional lateral transshipments and substitutions in inventory systems.
• Managing inventories with one-way substitution: a newsvendor analysis
• Improving reliability of a shared supplier with competition and spillovers
• Single-Period Multiproduct Inventory Models with Substitution
• Investment Strategies for Flexible Resources
• Dynamic Capacity Management with Substitution
• A New Decision Rule for Lateral Transshipments in Inventory Systems
• Overbooking with Substitutable Inventory Classes
• Extremal Splittings of Point Processes
• Optimal inventory policies for substitutable commodities with stochastic demand
• Some Concepts For Inventory Control Under Substitutable Demand^*
• Note on Multimodularity and L-Convexity

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