Inventory management with advance capacity information
نویسندگان
چکیده
منابع مشابه
Inventory management with advance capacity information
In this paper we study a periodic review single item single stage inventory system with stochastic demand. In each time period the system must order none or at least as much as a minimum order quantity Qmin. Since the optimal structure of an ordering policy with a minimum order quantity is complicated, we propose an easy-to-use policy, which we call (R,S,Qmin) policy. Assuming linear holding an...
متن کاملInventory Control with Limited Capacity and Advance Demand Information
Manufacturers make production decisions and carry inventory to satisfy uncertain demand. When holding and shortage costs are high, carrying inventory could be even more expensive for a capacitated production system. Recent developments in information technology and sales strategies enabled firms to acquire, collect, or induce advance demand information. We address a periodic-review, stochastic,...
متن کاملInventory Management with Advance Demand Information and Flexible Delivery
This paper considers inventory models with advance demand information and flexible delivery. Customers place their orders in advance, and delivery is flexible in the sense that early shipment is allowed. Specifically, an order placed at time t by a customer with demand leadtime T should be fulfilled by period t+T ; failure to fulfill it within the time window [t, t+T ] is penalized. We consider...
متن کاملOptimization of two-stage production/inventory systems under order base stock policy with advance demand information
It is important to share demand information among the members in supply chains. In recent years, production and inventory systems with advance demand information (ADI) have been discussed, where advance demand information means the information of demand which the decision maker obtains before the corresponding actual demand arrives. Appropriate production and inventory control using demand info...
متن کاملInventory Systems with Advance Demand Information and Random Replenishment Times
Advance demand information, when used effectively, improves the performance of production/inventory systems. The extent of improvement however depends on certain factors. We investigate the influence of random supply lead times on a single-stage inventory system with advance demand information. It is found that the supply lead time variability diminishes the benefits of advance demand information.
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Naval Research Logistics (NRL)
سال: 2011
ISSN: 0894-069X
DOI: 10.1002/nav.20450