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WSC
2007
13 years 9 months ago
A hybrid inventory control system approach applied to the food industry
The appropriate production and inventory control policy is a key factor for modern enterprises’ success in competitive environment. In the food industry, most of food manufactur...
David Claudio, Jie Zhang, Ying Zhang
EOR
2011
124views more  EOR 2011»
13 years 2 months ago
Analysis of order-up-to-level inventory systems with compound Poisson demand
: We analyse a single echelon single item inventory system where the demand and the lead time are stochastic. Demand is modelled as a compound Poisson process and the stock is cont...
M. Zied Babai, Zied Jemaï, Yves Dallery
EOR
2010
87views more  EOR 2010»
13 years 7 months ago
Inventory systems with stochastic demand and supply: Properties and approximations
ic copy available at: http://ssrn.com/abstract=1115410 Inventory Systems with Stochastic Demand and Supply: Properties and Approximations Amanda J. Schmitt Center for Transportatio...
Amanda J. Schmitt, Lawrence V. Snyder, Zuo-Jun Max...
WSC
2008
13 years 9 months ago
Supply chain risks analysis by using jump-diffusion model
This paper investigates the effects of demand risk on the performance of supply chain in continuous time setting. The inventory level has been modeled as a jump-diffusion process ...
Xianzhe Chen, Jun Zhang
WSC
2008
13 years 9 months ago
A simulation-based approach for inventory modeling of perishable pharmaceuticals
Pharmaceutical expenditures are increasing for hospital systems nationwide. We model the inventory and ordering policies for perishable drugs in the setting of an inpatient hospit...
Ana R. Vila-Parrish, Julie Simmons Ivy, Russell E....