Performance evaluation of a production/inventory system with periodic review and endogenous lead times

DOI10.1002/nav.20222zbMath1278.90129OpenAlexW2054766751MaRDI QIDQ5436965

Robert N. Boute, Marc R. Lambrecht, Benny Van Houdt

Publication date: 18 January 2008

Published in: Naval Research Logistics (NRL) (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1002/nav.20222

zbMATH Keywords

phase-type distributionmatrix analytic methodsproduction inventory systemendogenous lead timesperiodic review base-stock policy

Mathematics Subject Classification ID

Production models (90B30) Inventory, storage, reservoirs (90B05)

Related Items (10)

Calculating target inventory levels for constrained production: a fast simulation-based approximation ⋮ Evaluating shortfall distributions in periodic inventory systems with stochastic endogenous demands and lead-times ⋮ Forecasting of lead-time demand variance: implications for safety stock calculations ⋮ Quality and pricing decisions in production/inventory systems ⋮ Coordinating lead times and safety stocks under autocorrelated demand ⋮ Randomized longest-queue-first scheduling for large-scale buffered systems ⋮ Throughput and delay analysis of an opportunistic tree algorithm ⋮ THE OPTIMAL INVENTORY CONTROL OF A SYSTEM WITH RANDOM LEAD TIME WHERE RANDOM SUPPLY INTERRUPTIONS AFFECT THE REPLENISHMENT ⋮ Impact of Dampening Demand Variability in a Production/Inventory System with Multiple Retailers ⋮ A Fast Newton's Iteration for M/G/1-Type and GI/M/1-Type Markov Chains

Cites Work

• A heuristic to control integrated multi-product multi-machine production-inventory systems with job shop routings and stochastic arrival, set-up and processing times
• Introduction to Matrix Analytic Methods in Stochastic Modeling
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