Optimal inventory policy with supply uncertainty and demand cancellation

DOI10.1016/J.EJOR.2010.10.031MaRDI QIDQ2275596zbMATH OpenOpenAlexFDO

Authors Wee Meng Yeo, Xue-Ming Yuan

Publication date 9 August 2011

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

Full work available at URL https://doi.org/10.1016/j.ejor.2010.10.031

zbMATH Keywords

demand cancellationdynamic programminginventorystochastic orderingsupply uncertainty

Mathematics Subject Classification ID

Inequalities; stochastic orderings (60E15) Inventory, storage, reservoirs (90B05) Dynamic programming (90C39)

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Cites work

• Dynamic pricing of inventory with cancellation demand
• scientific article; zbMATH DE number 3843492 (Why is no real title available?)
• scientific article; zbMATH DE number 1279221 (Why is no real title available?)
• scientific article; zbMATH DE number 3365044 (Why is no real title available?)
• Joint Inventory Replenishment and Pricing Control for Systems with Uncertain Yield and Demand
• Periodic Review Production Models with Variable Capacity, Random Yield, and Uncertain Demand
• Stochastic orders
• The Effect of Leadtime Uncertainty in a Simple Stochastic Inventory Model

Cited in

(12)

• Two-product inventory management with fixed costs and supply uncertainty
• A Markov decision process model for equitable distribution of supplies under uncertainty
• Risk minimization inventory model with a profit target and option contracts under spot price uncertainty
• Improving reliability of a shared supplier with competition and spillovers
• A triple \((S, s, \ell)\)-thresholds base-stock policy subject to uncertainty environment, returns and order cancellations
• Optimal acquisition policy with quantity discounts and uncertain demands
• Optimal shelf-space stocking policy using stochastic dominance under supply-driven demand uncertainty
• Myopic Policies for Some Inventory Models with Uncertain Demand Distributions
• Inventory Policy in the Presence of Market Disruptions
• scientific article; zbMATH DE number 1279221 (Why is no real title available?)
• Optimal inventory policies when the demand distribution is not known
• Dynamic programming in inventory management: a review

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