Monotonicity of base stock policies

DOI10.1016/J.ORL.2016.01.003MaRDI QIDQ1785740zbMATH OpenOpenAlexFDO

Authors Nha-Nghi de la Cruz, Hans Daduna

Publication date 1 October 2018

Published in Operations Research Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.orl.2016.01.003

zbMATH Keywords

inventoryqueueingstochastic orderingstochastic processes

Mathematics Subject Classification ID

Applications of Markov renewal processes (reliability, queueing networks, etc.) (60K20) Inventory, storage, reservoirs (90B05) Queues and service in operations research (90B22)

Recommendations

• Monotonicity properties of a class of stochastic inventory systems
• The Stability of a Capacitated, Multi-Echelon Production-Inventory System Under a Base-Stock Policy
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• Are Base-Stock Policies Optimal in Inventory Problems with Multiple Delivery Modes?

Cites work

• Comparison methods for stochastic models and risks
• Computational algorithms for closed queueing networks with exponential servers
• scientific article; zbMATH DE number 1631026 (Why is no real title available?)
• scientific article; zbMATH DE number 3656855 (Why is no real title available?)
• scientific article; zbMATH DE number 3707764 (Why is no real title available?)
• scientific article; zbMATH DE number 1324228 (Why is no real title available?)
• Monotonicity of base stock policies
• Setting Base Stock Levels Using Product-Form Queueing Networks
• Tandem Queues with Planned Inventories

Cited in

(6)

• Monotonicity in the stock competition game with consumer search
• Monotonicity of base stock policies
• Optimal capacity allocation in a production-inventory system with base stock
• Monotonicity properties of a class of stochastic inventory systems
• Analysis of second order properties of production-inventory systems with lost sales
• Comparing approximations and heuristics over different time horizons for a production-inventory system under the base-stock policy and conditional value-at-risk objective

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