Improving inventory system performance by selective purchasing of buyers' willingness to wait

DOI10.1016/J.EJOR.2021.07.027MaRDI QIDQ2670567zbMATH OpenOpenAlexFDO

Authors Muzaffer Alım, Patrick Beullens

Publication date 11 March 2022

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

Full work available at URL https://doi.org/10.1016/j.ejor.2021.07.027

zbMATH Keywords

inventorybackward inductionadvance demanddiscount and replenishment policypostponed demand

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Recommendations

• On the benefits of delayed ordering
• Replenishment strategies for distribution systems under advance demand information
• Integrating Replenishment Decisions with Advance Demand Information
• Inventory Management with Advance Demand Information and Flexible Delivery
• A Postponement Model for Demand Management

Cites work

• A new characterization for the dynamic lot size problem with bounded inventory
• Advance demand information and a restricted production capacity: on the optimality of order base-stock policies
• Customer-Order Information, Leadtimes, and Inventories
• Integrating Replenishment Decisions with Advance Demand Information
• Inventory Control with Limited Capacity and Advance Demand Information
• Inventory Management with Advance Demand Information and Flexible Delivery
• Modelling imperfect advance demand information and analysis of optimal inventory policies
• On the decomposition property for a dynamic inventory rationing problem with multiple demand classes and backorder
• Optimal lateral transshipment policies for a two location inventory problem with multiple demand classes
• Order Fill Rate, Leadtime Variability, and Advance Demand Information in an Assemble-to-Order System
• Production-inventory systems with imperfect advance demand information and updating
• Replenishment strategies for distribution systems under advance demand information
• Reservation policies of advance orders in the presence of multiple demand classes
• Stochastic lot-sizing problem with inventory-bounds and constant order-capacities
• Supply chain structures. Coordination, information and optimization
• The value of advance demand information in production/inventory systems

Cited in

(1)

• Impact of introducing make-to-order options in a make-to-stock environment

This page was built for publication: Improving inventory system performance by selective purchasing of buyers' willingness to wait

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2670567)