Optimal policies for inventory systems with finite capacity and partially observed Markov-modulated demand and supply processes
From MaRDI portal
Publication:2267643
DOI10.1016/j.ejor.2009.10.029zbMath1181.90278OpenAlexW1980139210MaRDI QIDQ2267643
Kenan Arifoğlu, Süleyman Özekici
Publication date: 1 March 2010
Published in: European Journal of Operational Research (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.ejor.2009.10.029
dynamic programmingrandom environmentsufficient statisticsrandom yieldPOMDPfixed capacitymodified inflated base-stock policy
Related Items (11)
BAYESIAN ANALYSIS OF DOUBLY STOCHASTIC MARKOV PROCESSES IN RELIABILITY ⋮ Effect of timing on reliability improvement and ordering decisions in a decentralized assembly system ⋮ A Stochastic Inventory Model for a Random Yield Supply Chain with Wholesale-Price and Shortage Penalty Contracts ⋮ An integrated data-driven method using deep learning for a newsvendor problem with unobservable features ⋮ Inventory control with modulated demand and a partially observed modulation process ⋮ A periodic-review inventory system with a capacitated backup supplier for mitigating supply disruptions ⋮ Newsvendor models with dependent random supply and demand ⋮ Markov-modulated analysis of a spare parts system with random lead times and disruption risks ⋮ Reliability of semi-Markov missions ⋮ Hedging demand and supply risks in the newsvendor model ⋮ A Markov modulated Poisson model for software reliability
Cites Work
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Optimal policies for production/inventory systems with finite capacity and Markov-modulated demand and supply processes
- Inventory models with unreliable suppliers in a random environment
- Generalized renewal functions and stationary inventory models
- On the optimal control of partially observed inventory systems
- Adaptive Inventory Control for Nonstationary Demand and Partial Information
- An Inventory Model with Limited Production Capacity and Uncertain Demands I. The Average-Cost Criterion
- An Inventory Model with Limited Production Capacity and Uncertain Demands II. The Discounted-Cost Criterion
- State of the Art—A Survey of Partially Observable Markov Decision Processes: Theory, Models, and Algorithms
- A Periodic Review, Production Planning Model with Uncertain Capacity and Uncertain Demand—Optimality of Extended Myopic Policies
- Inventory Control with Information About Supply Conditions
- Optimality of (s, S) Policies in Inventory Models with Markovian Demand
- The Optimal Control of Partially Observable Markov Processes over a Finite Horizon
- Lot Sizing with Random Yields: A Review
- Periodic Review Production Models with Variable Capacity, Random Yield, and Uncertain Demand
- Inventory Control in a Fluctuating Demand Environment
- The Structure of Periodic Review Policies in the Presence of Random Yield
This page was built for publication: Optimal policies for inventory systems with finite capacity and partially observed Markov-modulated demand and supply processes