Inventory management for stochastic lead times with order crossovers

DOI10.1016/j.ejor.2015.07.047zbMath1346.90023OpenAlexW1767645678MaRDI QIDQ320703

Xun Wang, Stephen M. Disney, Roger D. H. Warburton, Arnold Maltz

Publication date: 7 October 2016

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: http://orca.cf.ac.uk/74757/8/Inventory%20management%20under%20stochastic%20lead%20times%20with%20order%20crossovers.pdf

zbMATH Keywords

global supply chainsorder cross-overorder-up-to policysafety stockstochastic lead-times

Mathematics Subject Classification ID

Stochastic programming (90C15) Inventory, storage, reservoirs (90B05)

Related Items (12)

Exploring the interaction of inventory policies across the supply chain: an agent-based approach ⋮ Robust optimization approaches for purchase planning with supplier selection under lead time uncertainty ⋮ On the stationary stochastic response of an order-constrained inventory system ⋮ Exploiting Random Lead Times for Significant Inventory Cost Savings ⋮ Measurement and optimization of responsiveness in supply chain networks with queueing structures ⋮ Replenishment strategies for lost sales inventory systems of perishables under demand and lead time uncertainty ⋮ The Effect of Customer Patience on Multiple-Location Inventory Systems ⋮ Analysis of lead time correlation under a base-stock policy ⋮ Forecasting of lead-time demand variance: implications for safety stock calculations ⋮ Mitigating variance amplification under stochastic lead-time: the proportional control approach ⋮ Optimizing (\(s, S\)) policies for multi-period inventory models with demand distribution uncertainty: robust dynamic programing approaches ⋮ The multivariate bullwhip effect

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