1.79-Approximation Algorithms for Continuous Review Single-Sourcing Lost-Sales and Dual-Sourcing Inventory Models

DOI10.1287/opre.2021.2150zbMath1482.90030OpenAlexW3211501890MaRDI QIDQ5031003

Linwei Xin

Publication date: 18 February 2022

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

Full work available at URL: https://doi.org/10.1287/opre.2021.2150

zbMATH Keywords

inventoryapproximation algorithmasymptotic analysiscontinuous reviewlost salesdual sourcingcapped policyoperations and supply chains

Mathematics Subject Classification ID

Approximation methods and heuristics in mathematical programming (90C59) Inventory, storage, reservoirs (90B05)

Cites Work

• Lost-sales inventory theory: a review
• An analysis of the modified offered-load approximation for the nonstationary Erlang loss model
• Typology and literature review on multiple supplier inventory control models
• Optimality Gap of Constant-Order Policies Decays Exponentially in the Lead Time for Lost Sales Models
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• Inventories with Multiple Supply Sources and Networks of Queues with Overflow Bypasses
• Asymptotic Optimality of Order-Up-To Policies in Lost Sales Inventory Systems
• Global Dual Sourcing: Tailored Base-Surge Allocation to Near- and Offshore Production
• Asymptotic Solution to an Inverse Problem for a Shared Unbuffered Resource
• A 2-Approximation Algorithm for Stochastic Inventory Control Models with Lost Sales
• Asymptotic Optimality of Constant-Order Policies for Lost Sales Inventory Models with Large Lead Times
• A Comparison of the Optimal Costs of Two Canonical Inventory Systems
• Now or Later: A Simple Policy for Effective Dual Sourcing in Capacitated Systems
• Old and New Methods for Lost-Sales Inventory Systems
• An (S − 1, S) Inventory System with Emergency Orders
• Optimal Inventory Under Stochastic Demand with Two Supply Options
• Some Properties of the Erlang Loss Function
• Technical Note—Understanding the Performance of Capped Base-Stock Policies in Lost-Sales Inventory Models
• On a Deterministic Approximation of Inventory Systems with Sequential Service-Level Constraints
• A Queuing Model for an Inventory Problem
• Approximation Algorithms for Stochastic Inventory Control Models
• Analysis and Algorithms for Service Parts Supply Chains
• Probability Inequalities

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