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» Optimal Inventory Policy with Two Suppliers
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IOR
2006
72views more  IOR 2006»
13 years 6 months ago
Inventory Policies in a Decentralized Assembly System
We consider a system in which a single finished good is assembled from two components. Demand for the finished product is stochastic and stationary, and procurement and assembly l...
Fernando Bernstein, Gregory A. DeCroix
IOR
2008
137views more  IOR 2008»
13 years 6 months ago
Optimal Joint Inventory and Transshipment Control Under Uncertain Capacity
In this paper, we address the optimal joint control of inventory and transshipment for a firm that produces in two locations and faces capacity uncertainty. Capacity uncertainty (...
Xinxin Hu, Izak Duenyas, Roman Kapuscinski
EOR
2007
62views more  EOR 2007»
13 years 6 months ago
Economic order quantity under conditionally permissible delay in payments
Within the economic order quantity (EOQ) framework, the main purpose of this paper is to investigate the retailerÕs optimal replenishment policy under permissible delay in paymen...
Yung-Fu Huang
EOR
2010
87views more  EOR 2010»
13 years 6 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...
ANOR
2010
85views more  ANOR 2010»
13 years 6 months ago
Inventory management with partially observed nonstationary demand
Abstract. We consider a continuous-time model for inventory management with Markov modulated non-stationary demands. We introduce active learning by assuming that the state of the ...
Erhan Bayraktar, Michael Ludkovski