Optimal single ordering policy with multiple delivery modes and Bayesian information updates

DOI10.1016/S0305-0548(03)00157-6zbMATH Open1100.90501OpenAlexW2007737573WikidataQ57445513 ScholiaQ57445513MaRDI QIDQ1879784FDOQ1879784

Authors: Tsan-Ming Choi, Houmin Yan, Duan Li 

Publication date: 23 September 2004

Published in: Computers \& Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0305-0548(03)00157-6

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Mathematics Subject Classification ID

Bayesian problems; characterization of Bayes procedures (62C10) Inventory, storage, reservoirs (90B05)

Cites Work

• Title not available (Why is that?)
• Reducing the Cost of Demand Uncertainty Through Accurate Response to Early Sales
• The effects of reducing demand uncertainty in a manufacturer-retailer channel for single-period products
• Efficient supply contracts for fashion goods with forecast updating and two production modes
• Bayes Solution to Dynamic Inventory Models Under Unknown Demand Distribution
• Quick Response in Manufacturer-Retailer Channels
• A newsboy problem with reactive production
• Note: optimal ordering decisions with uncertain cost and demand forecast updating
• Peeling layers of an onion: Inventory model with multiple delivery modes and forecast updates.
• A note on optimal policies for a periodic inventory system with emergency orders
• Ordering policies for an inventory system with three supply modes
• Integrating Replenishment Decisions with Advance Demand Information
• Reordering strategies for a newsboy-type product
• A Comparison of the Optimal Ordering Levels of Bayesian and Non-Bayesian Inventory Models

Cited In (19)

• Quick response policy with Bayesian information updates
• Humanitarian logistics planning for natural disaster response with Bayesian information updates
• A coordination mechanism for supply chains with capacity expansions and order-dependent lead times
• On the performance of binomial and beta-binomial models of demand forecasting for multiple slow-moving inventory items
• Enriching demand forecasts with managerial information to improve inventory replenishment decisions: exploiting judgment and fostering learning
• Retailer's order policy for perishable products with demand information updating
• Optimal two-stage ordering policy with Bayesian information updating
• Extended distribution‐free newsvendor models with demand updates using experts’ judgment
• Contracts adjustment under bilateral information updating in a supply chain
• Quick response procurement cost control strategy for fabric manufacturing
• Optimal apparel supplier selection with forecast updates under carbon emission taxation scheme
• Determining the optimal decision time of relief allocation in response to disaster via relief demand updates
• Newsvendor problems with demand forecast updating and supply constraints
• Inventory management for new products with triangularly distributed demand and lead-time
• Supply chain planning for hurricane response with wind speed information updates
• Optimal ordering policy and coordination mechanism of a supply chain with controllable lead-time-dependent demand forecast
• Note: optimal ordering decisions with uncertain cost and demand forecast updating
• Well adjusted: using expediting and cancelation to manage store replenishment inventory for a seasonal good
• To wait or not to wait: optimal ordering under lead time uncertainty and forecast updating

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