نتایج جستجو برای: inventory control
تعداد نتایج: 1373805 فیلتر نتایج به سال:
In many inventory control contexts, inventory levels are only partially (i.e., not fully) observed. This may be due to non-observation of demand, spoilage, misplacement, or theft of inventory. We study a discrete-time periodic-review inventory system where the unmet demand is backordered. When inventory level is nonnegative, the inventory manager does not know the exact inventory level. Otherwi...
This study analyzes an inventory control problem of a company in stochastic demand environment under carbon emissions regulations. In particular, a continuous review inventory model with multiple suppliers is investigated under carbon taxing and carbon trading regulations. We analyze and compare the optimal (Q,R) policies with order splitting under two ordering policies: sequential ordering and...
Market-makers have the obligation to trade fixed amounts of assets at quoted bid or ask prices, and their inventories are exposed to the potential loss when the market price moves in an undesirable direction. One approach to reduce the risk associated with price uncertainty is to adjust the inventory at the price of losing potential spread gain. For a single-asset model, we show that a threshol...
Making a Market in Foreign Exchange John A Carlson Purdue University Abstract In a foreign exchange market there may be no informed traders who have superior information about the market as a whole. Even so, a risk-neutral market maker is confronted with a form of adverse selection costs. A stylized model allows an analytical separation of adverse selection from inventory management costs. A th...
Today, the effective inventory management plays an important role in the success of the organizations in the new business environment. It is not clearly possible for the organizations that store hundreds of inventory items to economically design an inventory management policy for each inventory item separately. Moreover, various inventory items may play quite different roles in the business ...
A supply-chain is a series of connected stock management structures. Therefore, the structure of a supply-chain consists of many cascading inventory management problems. It is known that the optimal inventory control parameter values suggested by the literature are also valid for a supply-chain. The motivation for this study is to investigate the effect of the literature suggested optimal value...
We consider a two-echelon supply chain: a single retailer holds a finished goods inventory to meet an i.i.d. customer demand, and a single manufacturer produces the retailer’s replenishment orders on a make-to-order basis. In this setting the retailer’s order decision has a direct impact on the manufacturer’s production. It is a well known phenomenon that inventory control policies at the retai...
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