Optimal Inventory Policy
From MaRDI portal
Publication:5810242
DOI10.2307/1906813zbMath0045.23205OpenAlexW2127576890WikidataQ29301291 ScholiaQ29301291MaRDI QIDQ5810242
Kenneth J. Arrow, Jacob Marschak, Theodore E. Harris
Publication date: 1951
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: https://semanticscholar.org/paper/fc3fb81939a84c00026a1b009b422f68f6b534c2
Related Items (only showing first 100 items - show all)
On the Hungarian inventory control model ⋮ Optimal inventory control with fixed ordering cost for selling by Internet auctions ⋮ Computing a Stationary Base-Stock Policy for a Finite Horizon Stochastic Inventory Problem with Non-linear Shortage Costs ⋮ Sensitivity analysis of the newsvendor model ⋮ A newsvendor analysis of a binomial yield production process ⋮ Reward shaping to improve the performance of deep reinforcement learning in perishable inventory management ⋮ Variations in risk and fluctuations in demand: A theoretical model ⋮ Optimal minimum bids and inventory scrapping in sequential, single-unit, Vickrey auctions with demand learning ⋮ Joint optimal determination of process mean, production quantity, pricing, and market segmentation with demand leakage ⋮ Reference points in revenue sharing contracts -- how to design optimal supply chain contracts ⋮ A generalized single product and single-period inventory problem with non-linear parameters ⋮ Heuristics for dynamic and stochastic inventory-routing ⋮ CONTINUOUS REVIEW INVENTORY MODELS FOR PERISHABLE ITEMS WITH LEADTIMES ⋮ Online ordering policies for a two-product, multi-period stationary newsvendor problem ⋮ The \((S,s)\) policy is an optimal trading strategy in a class of commodity price speculation problems ⋮ On maximizing a loss-averse buyer's expected utility in a multi-sourcing problem ⋮ Optimal ordering and disposing policies in the presence of an overconfident retailer: a Stackelberg game ⋮ Estimation of endogenously sampled time series: the case of commodity price speculation in the steel market ⋮ Online ordering rules for the multi-period newsvendor problem with quantity discounts ⋮ Optimale Bestellpolitiken bei diskreten, stochastisch abhängigen Nachfrageverteilungen ⋮ Bayesian demand updating in the lost sales newsvendor problem: a two-moment approximation ⋮ \((s,S)\) pricing policy when adjustment costs affect demand ⋮ Optimal pricing and ordering decisions for a retailer using multiple discounts ⋮ Introduction: Special Issue Honoring Kenneth Arrow ⋮ Stochastic optimization in supply chain networks: averaging robust solutions ⋮ Optimization model and solution method for dynamically correlated two-product newsvendor problems based on copula ⋮ New structural properties of (\(s,S\)) policies for inventory models with lost sales ⋮ Cost accounting methods and periodic-review policies for serial inventory systems ⋮ Optimal inventory policies for deteriorating complementary and substitute items ⋮ A Caching Game with Infinitely Divisible Hidden Material ⋮ The newsvendor problem: the role of prospect theory and feedback ⋮ Capacity management under uncertainty with inter-process, intra-process and demand interdependencies in high-flexibility environments ⋮ Multi-stage newsboy problem: A dynamic model. ⋮ Dynamic Bertrand oligopoly ⋮ (s, S) Inventory Systems with Correlated Demands ⋮ Optimal Inventory Control with Jump Diffusion and Nonlinear Dynamics in the Demand ⋮ A new model to design the suppliers portfolio in newsvendor problem based on product reliability ⋮ Competitive strategies for two-product, multi-period stationary newsvendor problem with budget constraint ⋮ \(S,s\) pricing in a dynamic equilibrium model with heterogeneous sectors ⋮ Hauptprobleme der Unternehmensforschung ⋮ Synthesis and Generalization of Structural Results in Inventory Management: A Generalized Convexity Property ⋮ On the volatility of blood inventories ⋮ Steady State Probabilistic Characteristics of the On/Off Production Rate Control Production-Inventory System with MMPP Demand Arrivals ⋮ The expectation-based loss-averse newsvendor ⋮ Control: a perspective ⋮ Robust optimization for the newsvendor problem with discrete demand ⋮ Optimal inventory policy through dual sourcing ⋮ On the impact of suboptimal decisions in the newsvendor model ⋮ Equal-quantile rules in resource allocation with uncertain needs ⋮ Retail replenishment models with display-space elastic demand ⋮ Modified Cramer-Lundberg Models with On/Off Control and Hyperexponential Distribution of Demands Purchases Values ⋮ Limit Theorems for Generalized Renewal Processes ⋮ Distributional regression for demand forecasting in e-grocery ⋮ Managing the misbehaving retailer under demand uncertainty and imperfect information ⋮ Transshipments in supply chains: a behavioral investigation ⋮ The discrete-time EOQ model: solution and implications ⋮ Base stock list price policy in continuous time ⋮ A linear-quadratic Gaussian approach to dynamic information acquisition ⋮ Bounds for the solution to the single-period inventory model with compound renewal process input: an application to setting credit card limits ⋮ Dynamics and control on a discrete multi-inventory system ⋮ Estimate of the strong stability in an (\(R,s,S\)) inventory model ⋮ Scheduling parallel machines by the dynamic newsboy problem ⋮ The newsvendor problem: review and directions for future research ⋮ Rolling-horizon replenishment: Policies and performance analysis ⋮ Impulse balance in the newsvendor game ⋮ OPTIMALITY OF FOUR-THRESHOLD POLICIES IN INVENTORY SYSTEMS WITH CUSTOMER RETURNS AND BORROWING/STORAGE OPTIONS ⋮ Equilibrium in a durable goods market with lumpy adjustment ⋮ Proactive policies for the stochastic resource-constrained project scheduling problem ⋮ Inventory Management System with On/Off Control of Input Product Flow ⋮ On the distribution-free newsboy problem with some non-skewed demands ⋮ Portfolio selection with transactions costs ⋮ Numerical analysis of \((s, S)\) inventory systems with repeated attempts ⋮ The governing dynamics of supply chains: the impact of altruistic behaviour ⋮ On the average performance of the adjustable RO and its use as an offline tool for multi-period production planning under uncertainty ⋮ Inventory Management System with Erlang Distribution of Batch Sizes ⋮ The distribution-free newsboy problem under the worst-case and best-case scenarios ⋮ The distribution-free newsboy problem and the demand skew ⋮ Whether to attack a terrorist's resource stock today or tomorrow ⋮ Die Einhaltung eines Servicegrades bei (s, S) — Lagerhaltungspolitiken-eine Simulationsstudie- ⋮ Supply and Demand Functions in Inventory Models ⋮ Some Functional Equations in the Theory of Dynamic Programming. I. Functions of Points and Point Transformations ⋮ Decision makings in discount pricing policy for imperfect production system ⋮ A risk-averse newsvendor model under stochastic market price ⋮ A Dynamic and Data-Driven Approach to the News Vendor Problem Under Cyclical Demand ⋮ Stationary distribution and perturbation bounds for a stochastic inventory model ⋮ Robust economic order quantity models ⋮ Irreversible investment with fixed adjustment costs: a stochastic impulse control approach ⋮ A multi-period profit maximizing model for retail supply chain management: An integration of demand and supply-side mechanisms ⋮ Single and multi-period optimal inventory control models with risk-averse constraints ⋮ A new data-driven robust optimization approach to multi-item newsboy problems ⋮ Fully polynomial time \((\Sigma,\Pi)\)-approximation schemes for continuous nonlinear newsvendor and continuous stochastic dynamic programs ⋮ On demand uncertainty in the newsvendor model ⋮ Optimal control of a dam under seasonal electricity prices ⋮ Optimal myopic policy for a stochastic inventory problem with fixed and proportional backorder costs ⋮ Structure of optimal policies to periodic-review inventory models with convex costs and backorders for all values of discount factors ⋮ Optimal business hours of the newsvendor problem for retailers ⋮ Cost and reliability approaches in inventory theory ⋮ Newsvendor problems: an integrated method for estimation and optimisation ⋮ Characterizing order processes of continuous review \((s,S)\) and \((r,nQ)\) policies ⋮ Retrial inventory system with negative customers and service interruptions
This page was built for publication: Optimal Inventory Policy
