Approximate Order-Up-To Policies for Inventory Systems with Binomial Yield
نویسندگان
چکیده
منابع مشابه
Approximate Order-up-to Policies for Inventory Systems with Binomial Yield
This paper studies an inventory policy for a retailer who orders his products from a supplier whose deliveries only partially satisfy the quality requirements. We model this situation by an infinite-horizon periodic-review model with binomial random yield and positive lead time. We propose an orderup-to policy based on approximating the inventory model with unreliable supplier by a model with a...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2014
ISSN: 1556-5068
DOI: 10.2139/ssrn.2376548