Optimal replenishment for a periodic review inventory system with two supply modes

Chi Chiang*

*Corresponding author for this work

研究成果: Article同行評審

41 引文 斯高帕斯(Scopus)

摘要

In this paper, we study periodic inventory systems with long review periods. We develop dynamic programming models for these systems in which regular orders as well as emergency orders can be placed periodically. We identify two cases depending on whether or not a fixed cost for placing an emergency order is present. We show that if the emergency supply mode can be used, there exists a critical inventory level such that if the inventory position at a review epoch falls below this critical level, an emergency order is placed. We also develop simple procedures for computing the optimal policy parameters. In all cases, the optimal order-up-to level is obtained by solving a myopic cost function. Thus, the proposed ordering policies are easy to implement.

原文English
頁(從 - 到)229-244
頁數16
期刊European Journal of Operational Research
149
發行號1
DOIs
出版狀態Published - 16 八月 2003

指紋 深入研究「Optimal replenishment for a periodic review inventory system with two supply modes」主題。共同形成了獨特的指紋。

引用此