Myopic Inventory Policies Using Individual Customer Arrival Information
نویسندگان
چکیده
1 We investigate optimality of myopic policies using the single-unit decomposition approach in inventory management. We derive, under certain conditions, closed-form replenishment decisions, that we call a base-probability policy. That is, the order associated with a given customer is placed if and only if its arrival probability within the lead-time is higher than a threshold.
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ورودعنوان ژورنال:
- Manufacturing & Service Operations Management
دوره 12 شماره
صفحات -
تاریخ انتشار 2010