Managing stochastic inventory systems with free shipping option

DOI10.1016/j.ejor.2008.01.042zbMath1159.90010OpenAlexW2164957375MaRDI QIDQ2378464

Michael N. Katehakis, Yao Zhao, Bin Zhou

Publication date: 8 January 2009

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

Full work available at URL: https://doi.org/10.1016/j.ejor.2008.01.042

zbMATH Keywords

dynamic programminginventory managementfree shippingmultiple-time periods

Mathematics Subject Classification ID

Approximation methods and heuristics in mathematical programming (90C59) Inventory, storage, reservoirs (90B05)

Related Items (11)

Retail store operations: literature review and research directions ⋮ An optimal shipment strategy for imperfect items in a stock-out situation ⋮ Inventory control with an order-time constraint: optimality, uniqueness and significance ⋮ Optimal pricing and ordering strategies for dual-channel retailing with different shipping policies ⋮ Optimal order lot sizing and pricing with free shipping ⋮ Cost minimising order schedules for a capacitated inventory system ⋮ A minimax distribution-free procedure for a newsvendor problem with free shipping ⋮ The impact of stochastic lead time reduction on inventory cost under order crossover ⋮ Optimal order strategy in uncertain demands with free shipping option ⋮ Online retailers' promotional pricing, free-shipping threshold, and inventory decisions: a simulation-based analysis ⋮ Characterizing order processes of continuous review \((s,S)\) and \((r,nQ)\) policies

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• Lower Bounds for Multi-Echelon Stochastic Inventory Systems
• Reducing the Cost of Demand Uncertainty Through Accurate Response to Early Sales
• The Status of Mathematical Inventory Theory
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