Managing stochastic inventory systems with free shipping option
From MaRDI portal
Publication:2378464
DOI10.1016/j.ejor.2008.01.042zbMath1159.90010MaRDI QIDQ2378464
Michael N. Katehakis, Yao Zhao, Bin Zhou
Publication date: 8 January 2009
Published in: European Journal of Operational Research (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.ejor.2008.01.042
90C59: Approximation methods and heuristics in mathematical programming
90B05: Inventory, storage, reservoirs
Related Items
An optimal shipment strategy for imperfect items in a stock-out situation, Optimal order lot sizing and pricing with free shipping, Cost minimising order schedules for a capacitated inventory system, The impact of stochastic lead time reduction on inventory cost under order crossover, Retail store operations: literature review and research directions, A minimax distribution-free procedure for a newsvendor problem with free shipping, Optimal order strategy in uncertain demands with free shipping option, Online retailers' promotional pricing, free-shipping threshold, and inventory decisions: a simulation-based analysis, Characterizing order processes of continuous review \((s,S)\) and \((r,nQ)\) policies, Inventory control with an order-time constraint: optimality, uniqueness and significance, Optimal pricing and ordering strategies for dual-channel retailing with different shipping policies
Cites Work
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Finite state Markovian decision processes
- Capacitated Multi-Item Inventory Systems with Random and Seasonally Fluctuating Demands: Implications for Postponement Strategies
- Inventory management with periodic ordering and minimum order quantities
- Computational Issues in an Infinite-Horizon, Multiechelon Inventory Model
- ON THE STRUCTURE OF OPTIMAL ORDERING POLICIES FOR STOCHASTIC INVENTORY SYSTEMS WITH MINIMUM ORDER QUANTITY
- Order-Level Inventory Systems with Independent Stochastic Leadtimes
- Finding Optimal (s, S) Policies Is About As Simple As Evaluating a Single Policy
- Lower Bounds for Multi-Echelon Stochastic Inventory Systems
- Reducing the Cost of Demand Uncertainty Through Accurate Response to Early Sales
- The Status of Mathematical Inventory Theory
- A Dynamic Inventory Model with Stochastic Lead Times