Modelling imperfect advance demand information and analysis of optimal inventory policies

DOI10.1016/j.ejor.2005.12.031zbMath1109.90009OpenAlexW2171658129MaRDI QIDQ856283

Refik Güllü, Tarkan Tan, Nesim Erkip

Publication date: 7 December 2006

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

Full work available at URL: http://hdl.handle.net/11693/23841

zbMATH Keywords

supply chain managementadvance demand informationperiodic reviewinventory/productiondynamic base-stock policy

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Production models (90B30) Inventory, storage, reservoirs (90B05)

Related Items (13)

Sharing quality information in a dual-supplier network: a game theoretic perspective ⋮ `Too little' or `Too late': the timing of supply chain demand collaboration ⋮ The repair kit problem with imperfect advance demand information ⋮ Improving inventory system performance by selective purchasing of buyers' willingness to wait ⋮ Can accessing much data reshape the theory? Inventory theory under the challenge of data-driven systems ⋮ Inventory management with advance capacity information ⋮ The value of maintenance delay flexibility for improved spare parts inventory management ⋮ On the tradeoff between optimal order-base-stock levels and demand lead-times ⋮ Capacity reservation and utilization for a manufacturer with uncertain capacity and demand ⋮ Two-period pricing and decision strategies in a two-echelon supply chain under price-dependent demand ⋮ Discrete approximation heuristics for the capacitated continuous location-allocation problem with probabilistic customer locations ⋮ Optimal control policies for an inventory system with commitment lead time ⋮ A location-allocation heuristic for the capacitated multi-facility Weber problem with probabilistic customer locations

Cites Work

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