Note—Sensitivity to Distributions in Inventory Systems
نویسندگان
چکیده
منابع مشابه
Erratum to: Application of queuing theory in inventory systems with substitution flexibility
Due to a processing error, the order of authors was incorrect. The correct order of authors is given below. 1. S. M. Seyedhoseini 2. Reza Rashid 3. Erfan Zangeneh 4. Iman Kamalpour
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Considering the competition in today’s business environment, tactical planning of a supply chain becomes more complex than before. In many multi-product inventory systems, substitution flexibility can improve profits. This paper aims to prepare a comprehensive substitution inventory model, where an inventory system with two substitute products with ignorable lead time has been considered, and e...
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We examine the effectiveness of the conventional (Q, r) model in managing production-inventory systems with finite capacity, stochastic demand, and stochastic order processing times. We show that, for systems with finite production capacity, order replenishment lead times are highly sensitive to loading and order quantity. Consequently, the choice of optimal order quantity and optimal reorder p...
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In Vendor-Managed Inventory systems the supplier is responsible for replenishing customers and for deciding when and how much to deliver. One of two inventory policies is typically employed by the supplier. The first one, called the maximum level (ML) policy, gives full freedom to the supplier to deliver any quantity as long as it respects customer inventory capacities. The alternative, much mo...
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ژورنال
عنوان ژورنال: Management Science
سال: 1978
ISSN: 0025-1909,1526-5501
DOI: 10.1287/mnsc.24.16.1769