Managing premium wines using an (s - 1,s) inventory policy: a heuristic solution approach

DOI10.1007/S10479-019-03266-3MaRDI QIDQ2288883zbMATH OpenOpenAlexFDO

Authors Mauricio Varas, Franco Basso, Armin Lüer-Villagra, Alejandro Mac Cawley, Sergio V. Maturana

Publication date 20 January 2020

Published in Annals of Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10479-019-03266-3

zbMATH Keywords

inventory managementOR models\((s-1,s)\) inventory policywine industry

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Approximation methods and heuristics in mathematical programming (90C59) Deterministic scheduling theory in operations research (90B35) Inventory, storage, reservoirs (90B05)

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Cited in

(3)

• An application of dynamic programming to assign pressing tanks at wineries
• Mitigating demand uncertainty across a winery's sales channels through postponement
• Economic assessment of the Champagne wine qualitative stock mecanism

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