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Simple approximations for the reorder point in periodic and continuous review (s, S) inventory systems with service level constraints

Citations

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Cited by:

  1. 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.
  2. 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.
  3. Sridhar Bashyam & Michael C. Fu, 1998. "Optimization of (s, S) Inventory Systems with Random Lead Times and a Service Level Constraint," Management Science, INFORMS, vol. 44(12-Part-2), pages 243-256, December.
  4. L W G Strijbosch & R M J Heuts & E H M van der Schoot, 2000. "A combined forecast—inventory control procedure for spare parts," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 51(10), pages 1184-1192, October.
  5. Bijvank, Marco & Bhulai, Sandjai & Tim Huh, Woonghee, 2015. "Parametric replenishment policies for inventory systems with lost sales and fixed order cost," European Journal of Operational Research, Elsevier, vol. 241(2), pages 381-390.
  6. Marc-David Cohen & Charles B. Kelly & Andrés L. Medaglia, 2001. "Decision Support with Web-Enabled Software," Interfaces, INFORMS, vol. 31(2), pages 109-129, April.
  7. Achin Srivastav & Sunil Agrawal, 2020. "On a single item single stage mixture inventory models with independent stochastic lead times," Operational Research, Springer, vol. 20(4), pages 2189-2227, December.
  8. E A Silver & H Naseraldin & D P Bischak, 2009. "Determining the reorder point and order-up-to-level in a periodic review system so as to achieve a desired fill rate and a desired average time between replenishments," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 60(9), pages 1244-1253, September.
  9. Janssen, F.B.S.L.P. & Heuts, R.M.J. & de Kok, T., 1996. "The Value of Information in an (R,s,Q) Inventory Model," Discussion Paper 1996-21, Tilburg University, Center for Economic Research.
  10. (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.
  11. 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.
  12. O. Boxma & A. Löpker & D. Perry, 2016. "On a make-to-stock production/mountain modeln with hysteretic control," Annals of Operations Research, Springer, vol. 241(1), pages 53-82, June.
  13. J J A Moors & L W G Strijbosch, 2002. "Exact fill rates for (R, s, S) inventory control with gamma distributed demand," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 53(11), pages 1268-1274, November.
  14. Sourabh Jain & Jury Gualandris, 2023. "When does upcycling mitigate climate change? The case of wet spent grains and fruit and vegetable residues in Canada," Journal of Industrial Ecology, Yale University, vol. 27(2), pages 522-534, April.
  15. 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.
  16. Janssen, F.B.S.L.P. & de Kok, T., 1996. "A Two-Supplier Inventory Model," Discussion Paper 1996-95, Tilburg University, Center for Economic Research.
  17. Baganha, Manuel P. & Pyke, David F. & Ferrer, Geraldo, 1996. "The undershoot of the reorder point: Tests of an approximation," International Journal of Production Economics, Elsevier, vol. 45(1-3), pages 311-320, August.
  18. Verrijdt, J. H. C. M. & de Kok, A. G., 1996. "Distribution planning for a divergent depotless two-echelon network under service constraints," European Journal of Operational Research, Elsevier, vol. 89(2), pages 341-354, March.
  19. Alain Bensoussan & Qi Feng & Suresh P. Sethi, 2011. "Achieving a Long-Term Service Target with Periodic Demand Signals: A Newsvendor Framework," Manufacturing & Service Operations Management, INFORMS, vol. 13(1), pages 73-88, February.
  20. Kleijnen, J.P.C. & Wan, J., 2007. "Optimization of simulated systems : OptQuest and alternatives [also see “Simulation for the optimization of (s, S) inventory system with random lead times and a service level constraint by using Arena," Other publications TiSEM ffaee312-9f6a-4452-9ccc-9, Tilburg University, School of Economics and Management.
  21. Germs, Remco & Foreest, Nicky D. van, 2014. "Optimal Control of Production-Inventory Systems with Constant and Compound Poisson Demand," Research Report 14001-OPERA, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
  22. Bijvank, Marco & Vis, Iris F.A., 2012. "Lost-sales inventory systems with a service level criterion," European Journal of Operational Research, Elsevier, vol. 220(3), pages 610-618.
  23. Riezebos, Jan, 2006. "Inventory order crossovers," International Journal of Production Economics, Elsevier, vol. 104(2), pages 666-675, December.
  24. 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.
  25. Bijvank, Marco & Vis, Iris F.A., 2011. "Lost-sales inventory theory: A review," European Journal of Operational Research, Elsevier, vol. 215(1), pages 1-13, November.
  26. Janssen, F.B.S.L.P. & Heuts, R.M.J. & de Kok, T., 1996. "On the (R,s,Q) Inventory Model when Demand is Modelled as a Compound Process," Other publications TiSEM 95c56aed-8108-4122-a689-5, Tilburg University, School of Economics and Management.
  27. Janssen, F.B.S.L.P. & de Kok, T., 1996. "A Two-Supplier Inventory Model," Other publications TiSEM cd1b5ffc-7cf4-42e1-94c6-f, Tilburg University, School of Economics and Management.
  28. 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.
  29. Ronald D. Fricker & Christopher A. Goodhart, 2000. "Applying a bootstrap approach for setting reorder points in military supply systems," Naval Research Logistics (NRL), John Wiley & Sons, vol. 47(6), pages 459-478, September.
  30. 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.
  31. Lagodimos, A.G. & Christou, I.T. & Skouri, K., 2012. "Computing globally optimal (s,S,T) inventory policies," Omega, Elsevier, vol. 40(5), pages 660-671.
  32. Janssen, F.B.S.L.P. & Heuts, R.M.J. & de Kok, T., 1996. "On the (R,s,Q) Inventory Model when Demand is Modelled as a Compound Process," Discussion Paper 1996-11, Tilburg University, Center for Economic Research.
  33. de Kok, T. & Janssen, F.B.S.L.P., 1996. "Demand management in Multi-Stage Distribution Chain," Discussion Paper 1996-39, Tilburg University, Center for Economic Research.
  34. Janssen, F.B.S.L.P. & Heuts, R.M.J. & de Kok, T., 1996. "The Value of Information in an (R,s,Q) Inventory Model," Other publications TiSEM 4b589d1f-2822-4c0f-9dea-6, Tilburg University, School of Economics and Management.
  35. van der Duyn Schouten, F.A. & van Eijs, M.J.G. & Heuts, R.M.J., 1992. "The value of information in a fixed order quantity inventory system," Research Memorandum FEW 568, Tilburg University, School of Economics and Management.
  36. 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.
  37. Janssen, Fred & Heuts, Ruud & de Kok, Ton, 1998. "On the (R, s, Q) inventory model when demand is modelled as a compound Bernoulli process," European Journal of Operational Research, Elsevier, vol. 104(3), pages 423-436, February.
  38. Verrijdt, J. H. C. M. & de Kok, A. G., 1995. "Distribution planning for a divergent N-echelon network without intermediate stocks under service restrictions," International Journal of Production Economics, Elsevier, vol. 38(2-3), pages 225-243, March.
  39. Jim Shi, 2022. "Optimal continuous production-inventory systems subject to stockout risk," Annals of Operations Research, Springer, vol. 317(2), pages 777-804, October.
  40. Matthew J. Sobel, 2004. "Fill Rates of Single-Stage and Multistage Supply Systems," Manufacturing & Service Operations Management, INFORMS, vol. 6(1), pages 41-52, June.
  41. 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.
  42. Kaifang Fu & Zhixiang Chen & Guolin Zhou, 2022. "The Effects of Cognitive and Skill Learning on the Joint Vendor–Buyer Model with Imperfect Quality and Fuzzy Random Demand," Mathematics, MDPI, vol. 10(14), pages 1-24, July.
  43. Zied Babai, M. & Syntetos, Aris A. & Teunter, Ruud, 2010. "On the empirical performance of (T, s, S) heuristics," European Journal of Operational Research, Elsevier, vol. 202(2), pages 466-472, April.
  44. de Kok, T. & Janssen, F.B.S.L.P., 1996. "Demand management in Multi-Stage Distribution Chain," Other publications TiSEM 653616d2-e230-4bef-9566-8, Tilburg University, School of Economics and Management.
  45. 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.
  46. Das, Rubel & Hanaoka, Shinya, 2014. "Relief inventory modelling with stochastic lead-time and demand," European Journal of Operational Research, Elsevier, vol. 235(3), pages 616-623.
  47. repec:dgr:rugsom:14001-opera is not listed on IDEAS
  48. Lau, Amy Hing-Ling & Lau, Hon-Shiang, 2002. "A comparison of different methods for estimating the average inventory level in a (Q,R) system with backorders," International Journal of Production Economics, Elsevier, vol. 79(3), pages 303-316, October.
  49. Chen, Frank Y. & Krass, Dmitry, 2001. "Inventory models with minimal service level constraints," European Journal of Operational Research, Elsevier, vol. 134(1), pages 120-140, October.
  50. 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.
  51. van der Duyn Schouten, F.A. & van Eijs, M.J.G. & Heuts, R.M.J., 1992. "The value of information in a fixed order quantity inventory system," Other publications TiSEM ded27036-a7f0-47c7-b799-c, Tilburg University, School of Economics and Management.
  52. 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.
  53. Dettenbach, Marcus & Thonemann, Ulrich W., 2015. "The value of real time yield information in multi-stage inventory systems – Exact and heuristic approaches," European Journal of Operational Research, Elsevier, vol. 240(1), pages 72-83.
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