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Linearization and Decomposition Methods for Large Scale Stochastic Inventory Routing Problem with Service Level Constraints

Yu, Yugang - 2012

A stochastic inventory routing problem (SIRP) is typically the combination of stochastic inventory control problems and NP-hard vehicle routing problems, for a depot to determine delivery volumes to its customers in each period, and vehicle routes to distribute the delivery volumes. This paper...

Persistent link: https://www.econbiz.de/10013116399

An Inventory Model for Slow Moving Items Subject to Obsolescence

Pince, Cerag - 2010

In this paper, we consider a continuous review inventory system of a slow moving item for which the demand rate drops to a lower level at a pre-determined time. Inventory system is controlled according to one-for-one replenishment policy with fixed lead time. Adaptation to the lower demand rate...

Persistent link: https://www.econbiz.de/10013150326

A Stochastic Dynamic Programming Approach to Revenue Management in a Make-to-Stock Production System

Quante, Rainer - 2010

In this paper, we consider a make-to-stock production system with known exogenous replenishments and multiple customer classes. The objective is to maximize profit over the planning horizon by deciding whether to accept or reject a given order, in anticipation of more profitable future orders....

Persistent link: https://www.econbiz.de/10012757703

Nash Game Model for Optimizing Market Strategies, Configuration of Platform Products in a Vendor Managed Inventory (Vmi) Supply Chain for a Product Family

Yu, Yugang - 2010

This paper discusses how a manufacturer and its retailers interact with each other to optimize their product marketing strategies, platform product configuration and inventory policies in a VMI (Vendor Managed Inventory) supply chain. The manufacturer procures raw materials from multiple...

Persistent link: https://www.econbiz.de/10012757795

Valid inequalities, preprocessing, and an effective heuristic for the uncapacitated three-level lot-sizing and replenishment problem with a distribution structure

Cunha, Jesus O.; Melo, Rafael A. - In: European journal of operational research : EJOR 295 (2021) 3, pp. 874-892

Persistent link: https://www.econbiz.de/10012622413

A Comparison of Fixed and Dynamic Pricing Policies in Revenue Management

Şen, Alper - 2015

US by 67 percent and 30 percent, respectively. We suggest two simple dynamic heuristic heuristics that continuously … problem. We show through a numerical study that the revenue impact of using these dynamic pricing heuristics rather than fixed … pricing heuristics persist under a periodic setting. This is especially true for the revenue approximation heuristic for which …

Persistent link: https://www.econbiz.de/10013036758

Materialbedarfsplanung bei variantenreicher Produktion : innovative Ansätze zur Bestimmung von Sicherheitsbeständen

Hinterberger, Gerhard - 2002 - 1. Aufl.

Persistent link: https://www.econbiz.de/10001632769

Integrated Location and Inventory Decision Problem in a Three-Tier Supply Chain Network

Mumtaz, Mohammad Kamran - 2010

This paper considers a three-tier distribution network with one manufacturer, multiple warehouses and multiple retailers. The demand at the retailers is constant and shortages are not allowed. The problem is to determine location of the plant, number and location of warehouses, allocation of...

Persistent link: https://www.econbiz.de/10014044849

Inventory and Supply Chain Management with Forecast Updates

Sethi, Suresh P.; Yan, Houmin; Zhang, Hanqin - 2010

The book is concerned with the problems of inventory and supply chain decision making with information updating over time. The models considered include inventory decisions with multiple sources and delivery modes, supply-contract design and evaluation, contracts with exercise price,...

Persistent link: https://www.econbiz.de/10014045807

Optimality of (s, S) Policies in Inventory Models with Markovian Demand

Sethi, Suresh; Cheng, Feng - 2014

This paper is concerned with a generalization of classical inventory models (with fixed ordering costs) that exhibit (s, S) policies. In our model, the distribution of demands in successive periods is dependent on a Markov chain. The model includes the case of cyclic or seasonal demand. The...

Persistent link: https://www.econbiz.de/10014047571