A multi-product continuous review inventory system with stochastic demand, backorders, and a budget constraint

DOI10.1016/S0377-2217(03)00363-1MaRDI QIDQ1876144zbMATH OpenOpenAlexFDO

Authors Babak Ghalebsaz-Jeddi, Bruce C. Shultes, Rasoul Haji

Publication date 16 August 2004

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

Full work available at URL https://doi.org/10.1016/s0377-2217(03)00363-1

zbMATH Keywords

InventoryNonlinear optimizationStochastic demandBudget constraintPenalty method

Mathematics Subject Classification ID

Nonlinear programming (90C30) Inventory, storage, reservoirs (90B05)

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Cites work

• scientific article; zbMATH DE number 3216838 (Why is no real title available?)
• Approximate decision rules for continuous review inventory systems
• Feature Article—Research Portfolio for Inventory Management and Production Planning Systems
• Inventory Control with an Exponential Utility Criterion
• Managerial inventory formulations with stockout objectives and fiscal constraints
• Models for multi‐item continuous review inventory policies subject to constraints
• New algorithms for (Q,r) systems with complete backordering using a fill‐rate criterion

Cited in

(15)

• Finite inventory budgets in production capacity and safety stock placement under the guaranteed service approach
• Joint determination of order quantity and reorder point of continuous review model under quantity and freight rate discounts
• Multiple-vendor, multiple-retailer based vendor-managed inventory
• Multi-stream \((Q,r)\) model and optimization for data prefetching
• A comparative study of production-inventory model for determining effective production quantity and safety stock level
• Lead time and ordering cost reductions in budget and storage space restricted probabilistic inventory models with imperfect items
• Continuous review inventory model with normally distributed fuzzy random variable demand
• On the bullwhip avoidance phase: the synchronised supply chain
• A multi-product continuous review inventory system in stochastic environment with budget constraint
• Double precision rational approximation algorithm for the inverse standard normal first order loss function
• An inventory control system for products with optional components under service level and budget constraints
• Continuous-Review Policies for a Multi-Echelon Inventory Problem with Stochastic Demand
• Multi-class dynamic inventory rationing with stochastic demands and backordering
• A multi-item mixture inventory model involving random lead time and demand with budget constraint and surprise function
• Double precision rational approximation algorithms for the standard normal first and second order loss functions

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