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Inventory control under speculation: Myopic heuristics and exact procedures

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  • Gavirneni, Srinagesh
  • Morton, Thomas E.

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  • Gavirneni, Srinagesh & Morton, Thomas E., 1999. "Inventory control under speculation: Myopic heuristics and exact procedures," European Journal of Operational Research, Elsevier, vol. 117(2), pages 211-221, September.
    • Handle: RePEc:eee:ejores:v:117:y:1999:i:2:p:211-221
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    References listed on IDEAS

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    1. Samuel Karlin, 1960. "Dynamic Inventory Policy with Varying Stochastic Demands," Management Science, INFORMS, vol. 6(3), pages 231-258, April.
    2. Benjamin Lev & Howard J. Weiss, 1990. "Inventory Models with Cost Changes," Operations Research, INFORMS, vol. 38(1), pages 53-63, February.
    3. Paul Zipkin, 1989. "Critical Number Policies for Inventory Models with Periodic Data," Management Science, INFORMS, vol. 35(1), pages 71-80, January.
    4. Basil A. Kalymon, 1971. "Stochastic Prices in a Single-Item Inventory Purchasing Model," Operations Research, INFORMS, vol. 19(6), pages 1434-1458, October.
    5. Jing-Sheng Song & Paul Zipkin, 1993. "Inventory Control in a Fluctuating Demand Environment," Operations Research, INFORMS, vol. 41(2), pages 351-370, April.
    6. Michael Bastian, 1992. "A perfect lot‐tree procedure for the discounted dynamic lot‐size problem with speculation," Naval Research Logistics (NRL), John Wiley & Sons, vol. 39(5), pages 651-668, August.
    7. Arthur F. Veinott, 1965. "Optimal Policy in a Dynamic, Single Product, Nonstationary Inventory Model with Several Demand Classes," Operations Research, INFORMS, vol. 13(5), pages 761-778, October.
    8. Tersine, Richard J., 1996. "Economic replenishment strategies for announced price increases," European Journal of Operational Research, Elsevier, vol. 92(2), pages 266-280, July.
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    Cited by:

    1. X. Guo & P. Kaminsky & P. Tomecek & M. Yuen, 2011. "Optimal spot market inventory strategies in the presence of cost and price risk," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 73(1), pages 109-137, February.
    2. Manikas, Andrew & Chang, Yih-Long & Ferguson, Mark, 2009. "BlueLinx can benefit from innovative inventory management methods for commodity forward buys," Omega, Elsevier, vol. 37(3), pages 545-554, June.
    3. Hui Zhao & Chuanhui Xiong & Srinagesh Gavirneni & Adam Fein, 2012. "Fee-for-Service Contracts in Pharmaceutical Distribution Supply Chains: Design, Analysis, and Management," Manufacturing & Service Operations Management, INFORMS, vol. 14(4), pages 685-699, October.
    4. Ç Haksöz & S Seshadri, 2007. "Supply chain operations in the presence of a spot market: a review with discussion," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 58(11), pages 1412-1429, November.
    5. Ankur Goel & Genaro J. Gutierrez, 2011. "Multiechelon Procurement and Distribution Policies for Traded Commodities," Management Science, INFORMS, vol. 57(12), pages 2228-2244, December.
    6. Manikas, Andrew S. & Kroes, James R., 2015. "A newsvendor approach to compliance and production under cap and trade emissions regulation," International Journal of Production Economics, Elsevier, vol. 159(C), pages 274-284.
    7. Joseph M. Milner & Panos Kouvelis, 2007. "Inventory, Speculation, and Sourcing Strategies in the Presence of Online Exchanges," Manufacturing & Service Operations Management, INFORMS, vol. 9(3), pages 312-331, July.

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