Integrated optimization of procurement, processing, and trade of commodities

DOI10.1287/OPRE.1110.0959MaRDI QIDQ2893911zbMATH OpenOpenAlexFDO

Authors Sripad K. Devalkar, Ravi Anupindi, Amitabh Sinha

Publication date 26 June 2012

Published in Operations Research (Search for Journal in Brave)

Full work available at URL https://semanticscholar.org/paper/77a358aeb6e478c2298851d46b4d0483ed8cccb9

zbMATH Keywords

agricultural commoditiescommoditiesdynamic programminginventoryprocessingprocurementreal options

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Dynamic programming (90C39)

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Cited in

(21)

• Value chain management for commodities: a case study from the chemical industry
• Comparison of least squares Monte Carlo methods with applications to energy real options
• Convex hull results for the warehouse problem
• Optimal timing of non-pharmaceutical interventions during an epidemic
• Procurement of advanced inputs and welfare-reducing vertical integration
• Efficient algorithms of pathwise dynamic programming for decision optimization in mining operations
• A manufacturer's responsible sourcing strategy: going organic or participating in fair trade?
• An integrated framework for inventory management and transportation of refined petroleum products: pipeline or marine?
• Dynamic optimal decision making for manufacturers with limited attention based on sparse dynamic programming
• Merchant commodity storage practice revisited
• Optimal commodity trading with a capacitated storage asset
• Optimal crude oil procurement under fluctuating price in an oil refinery
• An analysis of partially-guaranteed-price contracts between farmers and agri-food companies
• Tight approximations of dynamic risk measures
• Approximations to stochastic dynamic programs via information relaxation duality
• Easy affine Markov decision processes
• A small farmer's market choice in the presence of multiple markets: the Indian case
• Optimal decision-making of mutual fund temporary borrowing problem via approximate dynamic programming
• Prescriptive analytics for commodity procurement applications
• Job scheduling integrated with material ordering: decision-dependent stochastic programming and information relaxation dual bounds
• Identifying the best market to sell: a cost function formulation

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