Optimal Control of Production-Inventory Systems with Constant and Compound Poisson Demand
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- R. G. Vickson, 1986. "A Single Product Cycling Problem Under Brownian Motion Demand," Management Science, INFORMS, vol. 32(10), pages 1336-1345, October.
- Tijms, H. C. & Groenevelt, H., 1984. "Simple approximations for the reorder point in periodic and continuous review (s, S) inventory systems with service level constraints," European Journal of Operational Research, Elsevier, vol. 17(2), pages 175-190, August.
- David Perry & Wolfgang Stadje & Shelemyahu Zacks, 2005. "Sporadic and Continuous Clearing Policies for a Production/Inventory System Under an M / G Demand Process," Mathematics of Operations Research, INFORMS, vol. 30(2), pages 354-368, May.
- Kumar Rajaram & Uday S. Karmarkar, 2004. "Campaign Planning and Scheduling for Multiproduct Batch Operations with Applications to the Food-Processing Industry," Manufacturing & Service Operations Management, INFORMS, vol. 6(3), pages 253-269, October.
- Grunow, M. & Gunther, H.-O. & Westinner, R., 2007. "Supply optimization for the production of raw sugar," International Journal of Production Economics, Elsevier, vol. 110(1-2), pages 224-239, October.
- Dirk Beyer & Feng Cheng & Suresh P. Sethi & Michael Taksar, 2010. "Markovian Demand Inventory Models," International Series in Operations Research and Management Science, Springer, number 978-0-387-71604-6.
- Pool, Arnout & Wijngaard, Jacob & van der Zee, Durk-Jouke, 2011. "Lean planning in the semi-process industry, a case study," International Journal of Production Economics, Elsevier, vol. 131(1), pages 194-203, May.
- Jacob Wijngaard & Shaler Stidham, 1986. "Forward Recursion for Markov Decision Processes with Skip-Free-to-the-Right Transitions, Part I: Theory and Algorithm," Mathematics of Operations Research, INFORMS, vol. 11(2), pages 295-308, May.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Germs, Remco & Van Foreest, Nicky D. & Kilic, Onur A., 2016. "Optimal policies for production-clearing systems under continuous-review," European Journal of Operational Research, Elsevier, vol. 255(3), pages 747-757.
- Yonit Barron, 2016. "Performance analysis of a reflected fluid production/inventory model," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 83(1), pages 1-31, February.
- Azoury, Katy S. & Miyaoka, Julia, 2020. "Optimal and simple approximate solutions to a production-inventory system with stochastic and deterministic demand," European Journal of Operational Research, Elsevier, vol. 286(1), pages 178-189.
- Yonit Barron, 2016. "Performance analysis of a reflected fluid production/inventory model," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 83(1), pages 1-31, February.
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.- repec:dgr:rugsom:14001-opera is not listed on IDEAS
- Jim (Junmin) Shi & Michael N. Katehakis & Benjamin Melamed & Yusen Xia, 2014. "Production-Inventory Systems with Lost Sales and Compound Poisson Demands," Operations Research, INFORMS, vol. 62(5), pages 1048-1063, October.
- Yonit Barron, 2016. "Performance analysis of a reflected fluid production/inventory model," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 83(1), pages 1-31, February.
- Yonit Barron, 2016. "Performance analysis of a reflected fluid production/inventory model," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 83(1), pages 1-31, February.
- Klosterhalfen, Steffen T. & Holzhauer, Falk & Fleischmann, Moritz, 2018. "Control of a continuous production inventory system with production quantity restrictions," European Journal of Operational Research, Elsevier, vol. 268(2), pages 569-581.
- (Ai-Chih) Chang, Jasmine & Lu, Haibing & (Junmin) Shi, Jim, 2019. "Stockout risk of production-inventory systems with compound Poisson demands," Omega, Elsevier, vol. 83(C), pages 181-198.
- Azoury, Katy S. & Miyaoka, Julia, 2020. "Optimal and simple approximate solutions to a production-inventory system with stochastic and deterministic demand," European Journal of Operational Research, Elsevier, vol. 286(1), pages 178-189.
- Jim Shi, 2022. "Optimal continuous production-inventory systems subject to stockout risk," Annals of Operations Research, Springer, vol. 317(2), pages 777-804, October.
- 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.
- Tuğçe Taşkıner & Bilge Bilgen, 2021. "Optimization Models for Harvest and Production Planning in Agri-Food Supply Chain: A Systematic Review," Logistics, MDPI, vol. 5(3), pages 1-27, August.
- Qi‐Ming He & James H. Bookbinder & Qishu Cai, 2020. "Optimal policies for stochastic clearing systems with time‐dependent delay penalties," Naval Research Logistics (NRL), John Wiley & Sons, vol. 67(7), pages 487-502, October.
- Junqueira, Rogerio de Ávila Ribeiro & Morabito, Reinaldo, 2019. "Modeling and solving a sugarcane harvest front scheduling problem," International Journal of Production Economics, Elsevier, vol. 213(C), pages 150-160.
- Yonit Barron & Dror Hermel, 2017. "Shortage decision policies for a fluid production model with MAP arrivals," International Journal of Production Research, Taylor & Francis Journals, vol. 55(14), pages 3946-3969, July.
- Opacic, Luke & Sowlati, Taraneh & Mobini, Mahdi, 2018. "Design and development of a simulation-based decision support tool to improve the production process at an engineered wood products mill," International Journal of Production Economics, Elsevier, vol. 199(C), pages 209-219.
- Janssen, F.B.S.L.P., 1998. "Inventory management systems : Control and information issues," Other publications TiSEM 710d54d2-5447-4e2f-bb60-0, Tilburg University, School of Economics and Management.
- Presman, E. & Sonin, I., 2023. "An inventory model where commodity prices depend on a continuous time Markov chain," Journal of the New Economic Association, New Economic Association, vol. 59(2), pages 12-34.
- Yonit Barron & David Perry & Wolfgang Stadje, 2016. "A make-to-stock production/inventory model with MAP arrivals and phase-type demands," Annals of Operations Research, Springer, vol. 241(1), pages 373-409, June.
- van Donselaar, Karel H. & Broekmeulen, Rob A.C.M., 2013. "Determination of safety stocks in a lost sales inventory system with periodic review, positive lead-time, lot-sizing and a target fill rate," International Journal of Production Economics, Elsevier, vol. 143(2), pages 440-448.
- Pablo Azcue & Esther Frostig & Nora Muler, 2023. "Optimal Strategies in a Production Inventory Control Model," Methodology and Computing in Applied Probability, Springer, vol. 25(1), pages 1-43, March.
- Eugene A. Feinberg & Yan Liang, 2022. "On the optimality equation for average cost Markov decision processes and its validity for inventory control," Annals of Operations Research, Springer, vol. 317(2), pages 569-586, October.
- Riezebos, Jan, 2006. "Inventory order crossovers," International Journal of Production Economics, Elsevier, vol. 104(2), pages 666-675, December.
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:gro:rugsom:14001-opera. 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: Hanneke Tamling (email available below). General contact details of provider: https://edirc.repec.org/data/ferugnl.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.