IDEAS home Printed from https://ideas.repec.org/a/eee/proeco/v108y2007i1-2p302-313.html
   My bibliography  Save this article

Global sensitivity analysis in inventory management

Author

Listed:
  • Borgonovo, E.
  • Peccati, L.

Abstract

No abstract is available for this item.

Suggested Citation

  • Borgonovo, E. & Peccati, L., 2007. "Global sensitivity analysis in inventory management," International Journal of Production Economics, Elsevier, vol. 108(1-2), pages 302-313, July.
    • Handle: RePEc:eee:proeco:v:108:y:2007:i:1-2:p:302-313
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0925-5273(06)00341-0
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Bogataj, L. & Bogataj, M., 1992. "Perturbed inventory systems with delays," International Journal of Production Economics, Elsevier, vol. 26(1-3), pages 277-281, February.
    2. Grubbström, RW & Ashcroft, SH, 1991. "Application of the calculus of variations to financing alternatives," Omega, Elsevier, vol. 19(4), pages 305-316.
    3. Ray, J. & Chaudhuri, K. S., 1997. "An EOQ model with stock-dependent demand, shortage, inflation and time discounting," International Journal of Production Economics, Elsevier, vol. 53(2), pages 171-180, November.
    4. Powell, Stephen G., 2000. "Specialization, teamwork, and production efficiency," International Journal of Production Economics, Elsevier, vol. 67(3), pages 205-218, October.
    5. Luciano, Elisa & Peccati, Lorenzo, 1999. "Capital structure and inventory management:: The temporary sale price problem," International Journal of Production Economics, Elsevier, vol. 59(1-3), pages 169-178, March.
    6. Bogataj, L. & Cibej, J. A., 1994. "Perturbations in living stock and similar biological inventory systems," International Journal of Production Economics, Elsevier, vol. 35(1-3), pages 233-239, June.
    7. Cibej, J. A. & Bogataj, L., 1994. "Sensitivity of quadratic cost functionals under stochastically perturbed controls in inventory systems with delays," International Journal of Production Economics, Elsevier, vol. 35(1-3), pages 265-270, June.
    8. Bogataj, Marija & Bogataj, Ludvik, 2004. "On the compact presentation of the lead times perturbations in distribution networks," International Journal of Production Economics, Elsevier, vol. 88(2), pages 145-155, March.
    9. Bogataj, Ludvik & Hvalica, Dusan, 2003. "The maximin criterion as an alternative to the expected value in the replanning issues," International Journal of Production Economics, Elsevier, vol. 81(1), pages 393-396, January.
    10. Sobol′ , I.M, 2001. "Global sensitivity indices for nonlinear mathematical models and their Monte Carlo estimates," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 55(1), pages 271-280.
    11. J-T Teng & H-L Yang, 2004. "Deterministic economic order quantity models with partial backlogging when demand and cost are fluctuating with time," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 55(5), pages 495-503, May.
    12. Borgonovo, E. & Peccati, L., 2006. "Uncertainty and global sensitivity analysis in the evaluation of investment projects," International Journal of Production Economics, Elsevier, vol. 104(1), pages 62-73, November.
    13. Ganeshan, Ram & Boone, Tonya & Stenger, Alan J., 2001. "The impact of inventory and flow planning parameters on supply chain performance: An exploratory study," International Journal of Production Economics, Elsevier, vol. 71(1-3), pages 111-118, May.
    14. Ray, Pradip K. & Sahu, S., 1992. "Productivity measurement in multi-product manufacturing firms: Evaluation and control through sensitivity analysis," International Journal of Production Economics, Elsevier, vol. 28(1), pages 71-84, November.
    15. Arcelus, F. J. & Rowcroft, J. E., 1993. "Freight rates for small shipments," International Journal of Production Economics, Elsevier, vol. 30(1), pages 571-577, July.
    16. Matheus, Peter & Gelders, Ludo, 2000. "The (R, Q) inventory policy subject to a compound Poisson demand pattern," International Journal of Production Economics, Elsevier, vol. 68(3), pages 307-317, December.
    17. Paul Glasserman & Sridhar Tayur, 1995. "Sensitivity Analysis for Base-Stock Levels in Multiechelon Production-Inventory Systems," Management Science, INFORMS, vol. 41(2), pages 263-281, February.
    18. Borgonovo, E. & Peccati, L., 2004. "Sensitivity analysis in investment project evaluation," International Journal of Production Economics, Elsevier, vol. 90(1), pages 17-25, July.
    19. Grubbstrom, Robert W. & Thorstenson, Anders, 1986. "Evaluation of capital costs in a multi-level inventory system by means of the annuity stream principle," European Journal of Operational Research, Elsevier, vol. 24(1), pages 136-145, January.
    20. Donald Erlenkotter, 1990. "Ford Whitman Harris and the Economic Order Quantity Model," Operations Research, INFORMS, vol. 38(6), pages 937-946, December.
    21. Boylan, I. E. & Johnston, F. R., 1996. "Variance laws for inventory management," International Journal of Production Economics, Elsevier, vol. 45(1-3), pages 343-352, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Borgonovo, E. & Peccati, L., 2009. "Financial management in inventory problems: Risk averse vs risk neutral policies," International Journal of Production Economics, Elsevier, vol. 118(1), pages 233-242, March.
    2. Weiwei Li & Lisheng Weng & Kaixu Zhao & Sidong Zhao & Ping Zhang, 2021. "Research on the Evaluation of Real Estate Inventory Management in China," Land, MDPI, vol. 10(12), pages 1-29, November.
    3. Khanra, Avijit & Soman, Chetan, 2013. "Sensitivity Analysis of the Newsboy Model," IIMA Working Papers WP2013-09-03, Indian Institute of Management Ahmedabad, Research and Publication Department.
    4. Fernandes, Rui & Gouveia, Borges & Pinho, Carlos, 2010. "Modeling Overstock," MPRA Paper 25126, University Library of Munich, Germany.
    5. Dellino, Gabriella & Kleijnen, Jack P.C. & Meloni, Carlo, 2010. "Robust optimization in simulation: Taguchi and Response Surface Methodology," International Journal of Production Economics, Elsevier, vol. 125(1), pages 52-59, May.
    6. Gihan S. Edirisinghe & Thamer Almutairi, 2023. "Multi-Echelon Inventory Optimization for Practitioners: a Predictive Global Sensitivity Analysis Approach," SN Operations Research Forum, Springer, vol. 4(2), pages 1-20, June.
    7. Rabta, Boualem, 2017. "Sensitivity analysis in inventory models by means of ergodicity coefficients," International Journal of Production Economics, Elsevier, vol. 188(C), pages 63-71.
    8. Taghizadeh, Elham & Venkatachalam, Saravanan & Chinnam, Ratna Babu, 2021. "Impact of deep-tier visibility on effective resilience assessment of supply networks," International Journal of Production Economics, Elsevier, vol. 241(C).
    9. Dellino, G. & Kleijnen, Jack P.C. & Meloni, C., 2010. "Parametric and distribution-free bootstrapping in robust simulation-optimization," Other publications TiSEM 752f82df-4427-4208-b56f-6, Tilburg University, School of Economics and Management.
    10. Borgonovo, E., 2010. "Sensitivity analysis with finite changes: An application to modified EOQ models," European Journal of Operational Research, Elsevier, vol. 200(1), pages 127-138, January.
    11. Toews, Carl & Pentico, David W. & Drake, Matthew J., 2011. "The deterministic EOQ and EPQ with partial backordering at a rate that is linearly dependent on the time to delivery," International Journal of Production Economics, Elsevier, vol. 131(2), pages 643-649, June.
    12. Gabriella Dellino & Jack P. C. Kleijnen & Carlo Meloni, 2012. "Robust Optimization in Simulation: Taguchi and Krige Combined," INFORMS Journal on Computing, INFORMS, vol. 24(3), pages 471-484, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Borgonovo, E., 2008. "Differential importance and comparative statics: An application to inventory management," International Journal of Production Economics, Elsevier, vol. 111(1), pages 170-179, January.
    2. Rabta, Boualem, 2017. "Sensitivity analysis in inventory models by means of ergodicity coefficients," International Journal of Production Economics, Elsevier, vol. 188(C), pages 63-71.
    3. Borgonovo, E., 2010. "Sensitivity analysis with finite changes: An application to modified EOQ models," European Journal of Operational Research, Elsevier, vol. 200(1), pages 127-138, January.
    4. Marchioni, Andrea & Magni, Carlo Alberto, 2018. "Investment decisions and sensitivity analysis: NPV-consistency of rates of return," European Journal of Operational Research, Elsevier, vol. 268(1), pages 361-372.
    5. Magni, Carlo Alberto & Marchioni, Andrea, 2020. "Average rates of return, working capital, and NPV-consistency in project appraisal: A sensitivity analysis approach," International Journal of Production Economics, Elsevier, vol. 229(C).
    6. Magni, Carlo Alberto & Marchioni, Andrea & Baschieri, Davide, 2023. "The Attribution Matrix and the joint use of Finite Change Sensitivity Index and Residual Income for value-based performance measurement," European Journal of Operational Research, Elsevier, vol. 306(2), pages 872-892.
    7. Van Delft, Christian & Kerbache, Laoucine & El Khoury, Hiba, 2011. "Optimal strategy for stochastic product rollover under risk using CVAR analysis," HEC Research Papers Series 958, HEC Paris.
    8. Borgonovo, E. & Peccati, L., 2006. "The importance of assumptions in investment evaluation," International Journal of Production Economics, Elsevier, vol. 101(2), pages 298-311, June.
    9. Borgonovo, E. & Peccati, L., 2009. "Financial management in inventory problems: Risk averse vs risk neutral policies," International Journal of Production Economics, Elsevier, vol. 118(1), pages 233-242, March.
    10. Koltai, Tamás, 2009. "Robustness of a production schedule to inventory cost calculations," International Journal of Production Economics, Elsevier, vol. 121(2), pages 494-504, October.
    11. Carlo Alberto Magni & Stefano Malagoli & Andrea Marchioni & Giovanni Mastroleo, 2020. "Rating firms and sensitivity analysis," Journal of the Operational Research Society, Taylor & Francis Journals, vol. 71(12), pages 1940-1958, December.
    12. Lu, Yuehong & Wang, Shengwei & Yan, Chengchu & Shan, Kui, 2015. "Impacts of renewable energy system design inputs on the performance robustness of net zero energy buildings," Energy, Elsevier, vol. 93(P2), pages 1595-1606.
    13. Andrea Marchiioni & Carlo Alberto Magni, 2016. "Sensitivity analysis and investment decisions: NPV-consistency of rates of return," Department of Economics 0089, University of Modena and Reggio E., Faculty of Economics "Marco Biagi".
    14. Luciano, Elisa & Peccati, Lorenzo, 2001. "Cycles optimization: The equivalent annuity and the NPV approaches," International Journal of Production Economics, Elsevier, vol. 69(1), pages 65-83, January.
    15. Magni, Carlo Alberto & Marchioni, Andrea, 2019. "Performance measurement and decomposition of value added," MPRA Paper 95258, University Library of Munich, Germany.
    16. Luciano, Elisa & Peccati, Lorenzo, 1999. "Capital structure and inventory management:: The temporary sale price problem," International Journal of Production Economics, Elsevier, vol. 59(1-3), pages 169-178, March.
    17. Borgonovo, E. & Peccati, L., 2006. "Uncertainty and global sensitivity analysis in the evaluation of investment projects," International Journal of Production Economics, Elsevier, vol. 104(1), pages 62-73, November.
    18. Bogataj, D. & Aver, B. & Bogataj, M., 2016. "Supply chain risk at simultaneous robust perturbations," International Journal of Production Economics, Elsevier, vol. 181(PA), pages 68-78.
    19. Tan Wang & L. Jeff Hong, 2023. "Large-Scale Inventory Optimization: A Recurrent Neural Networks–Inspired Simulation Approach," INFORMS Journal on Computing, INFORMS, vol. 35(1), pages 196-215, January.
    20. L-Y Ouyang & C-T Chang & J-T Teng, 2005. "An EOQ model for deteriorating items under trade credits," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 56(6), pages 719-726, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:proeco:v:108:y:2007:i:1-2:p:302-313. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ijpe .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.