Optimal solutions for stochastic inventory models when the lead-time demand distribution is partially specified
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Haim Shore, 1982. "Simple Approximations for the Inverse Cumulative Function, the Density Function and the Loss Integral of the Normal Distribution," Journal of the Royal Statistical Society Series C, Royal Statistical Society, vol. 31(2), pages 108-114, June.
- Shore, Haim, 1995. "Fitting a distribution by the first two moments (partial and complete)," Computational Statistics & Data Analysis, Elsevier, vol. 19(5), pages 563-577, May.
- David E. Platt & Lawrence W. Robinson & Robert B. Freund, 1997. "Tractable (Q, R) Heuristic Models for Constrained Service Levels," Management Science, INFORMS, vol. 43(7), pages 951-965, July.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Wanke, Peter F., 2008. "The uniform distribution as a first practical approach to new product inventory management," International Journal of Production Economics, Elsevier, vol. 114(2), pages 811-819, August.
- H Shore, 2004. "A general solution for the newsboy model with random order size and possibly a cutoff transaction size," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 55(11), pages 1218-1228, November.
- Rossetti, Manuel D. & Yasin Ünlü, 2011. "Evaluating the robustness of lead time demand models," International Journal of Production Economics, Elsevier, vol. 134(1), pages 159-176, November.
- Hon‐Shiang Lau & Amy Hing‐Ling Lau, 2003. "Nonrobustness of the normal approximation of lead‐time demand in a (Q, R) system," Naval Research Logistics (NRL), John Wiley & Sons, vol. 50(2), pages 149-166, March.
- E A Silver, 2004. "An overview of heuristic solution methods," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 55(9), pages 936-956, September.
- Mekhtiev, Mirza Arif, 2013. "Analytical evaluation of lead-time demand in polytree supply chains with uncertain demand, lead-time and inter-demand time," International Journal of Production Economics, Elsevier, vol. 145(1), pages 304-317.
- Park, Changkyu, 2007. "An analysis of the lead time demand distribution derivation in stochastic inventory systems," International Journal of Production Economics, Elsevier, vol. 105(1), pages 263-272, January.
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.- Strijbosch, L.W.G. & Moors, J.J.A., 1999.
"Simple Expressions for Safety Factors in Inventory Control,"
Discussion Paper
1999-112, Tilburg University, Center for Economic Research.
- Strijbosch, L.W.G. & Moors, J.J.A., 1999. "Simple Expressions for Safety Factors in Inventory Control," Other publications TiSEM 2f1bb350-ce71-4adf-beca-b, Tilburg University, School of Economics and Management.
- Shore, Haim, 1995. "Fitting a distribution by the first two moments (partial and complete)," Computational Statistics & Data Analysis, Elsevier, vol. 19(5), pages 563-577, May.
- Marcus Ang & Karl Sigman & Jing-Sheng Song & Hanqin Zhang, 2017. "Closed-Form Approximations for Optimal ( r , q ) and ( S , T ) Policies in a Parallel Processing Environment," Operations Research, INFORMS, vol. 65(5), pages 1414-1428, October.
- Rego, José Roberto do & Mesquita, Marco Aurélio de, 2015. "Demand forecasting and inventory control: A simulation study on automotive spare parts," International Journal of Production Economics, Elsevier, vol. 161(C), pages 1-16.
- Ting-Chen Hu & Kuo-Chen Hung & Kuo-Lung Yang, 2019. "The Convergence of Gallego’s Iterative Method for Distribution-Free Inventory Models," Mathematics, MDPI, vol. 7(5), pages 1-10, May.
- Tamer Boyacı & Guillermo Gallego, 2002. "Managing waiting times of backordered demands in single‐stage (Q, r) inventory systems," Naval Research Logistics (NRL), John Wiley & Sons, vol. 49(6), pages 557-573, September.
- H Shore, 2004. "A general solution for the newsboy model with random order size and possibly a cutoff transaction size," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 55(11), pages 1218-1228, November.
- De Schrijver, Steven K. & Aghezzaf, El-Houssaine & Vanmaele, Hendrik, 2014. "Double precision rational approximation algorithm for the inverse standard normal second order loss function," Applied Mathematics and Computation, Elsevier, vol. 232(C), pages 247-253.
- Tapiero, Charles S., 2005. "Value at risk and inventory control," European Journal of Operational Research, Elsevier, vol. 163(3), pages 769-775, June.
- Eugenia Babiloni & Ester Guijarro, 2020. "Fill rate: from its definition to its calculation for the continuous (s, Q) inventory system with discrete demands and lost sales," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 28(1), pages 35-43, March.
- Eynan, Amit & Kropp, Dean H., 2007. "Effective and simple EOQ-like solutions for stochastic demand periodic review systems," European Journal of Operational Research, Elsevier, vol. 180(3), pages 1135-1143, August.
- Vipul Agrawal & Sridhar Seshadri, 2000. "Distribution free bounds for service constrained (Q, r) inventory systems," Naval Research Logistics (NRL), John Wiley & Sons, vol. 47(8), pages 635-656, December.
- Halkos, George & Kevork, Ilias & Tziourtzioumis, Chris, 2014. "Optimal inventory policies with an exact cost function under large demand uncertainty," MPRA Paper 60545, University Library of Munich, Germany.
- Chiang, Chi, 2010. "An order expediting policy for continuous review systems with manufacturing lead-time," European Journal of Operational Research, Elsevier, vol. 203(2), pages 526-531, June.
- Amy Hing‐Ling Lau & Hon‐Shiang Lau & David F. Pyke, 2002. "Degeneracy in inventory models," Naval Research Logistics (NRL), John Wiley & Sons, vol. 49(7), pages 686-705, October.
- Eugenia Babiloni & Ester Guijarro & Juan R. Trapero, 2023. "Stock control analytics: a data-driven approach to compute the fill rate considering undershoots," Operational Research, Springer, vol. 23(1), pages 1-25, March.
- Kampas, Athanasios & White, Ben, 2003. "Probabilistic programming for nitrate pollution control: Comparing different probabilistic constraint approximations," European Journal of Operational Research, Elsevier, vol. 147(1), pages 217-228, May.
- Lee, Jun-Yeon & Schwarz, Leroy B., 2007. "Leadtime reduction in a (Q,r) inventory system: An agency perspective," International Journal of Production Economics, Elsevier, vol. 105(1), pages 204-212, January.
- Lee, Chung-Yee & Lee, Hau L. & Zhang, Jiheng, 2015. "The impact of slow ocean steaming on delivery reliability and fuel consumption," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 76(C), pages 176-190.
- Lau, Amy Hing Ling & Lau, Hon-Shiang, 2008. "An improved (Q, R) formulation when the stockout cost is incurred on a per-stockout basis," International Journal of Production Economics, Elsevier, vol. 111(2), pages 421-434, February.
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:59:y:1999:i:1-3:p:477-485. 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.