Optimization of a stochastic joint replenishment inventory system with service level constraints

DOI10.1016/J.COR.2022.106001MaRDI QIDQ2676403zbMATH OpenOpenAlexFDO

Authors Lei Wang, Haoxun Chen

Publication date 27 September 2022

Published in Computers \& Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.cor.2022.106001

zbMATH Keywords

inventory managementjoint replenishmentoptimizationperiodic reviewservice level

Mathematics Subject Classification ID

Operations research and management science (90Bxx)

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Cites work

• A genetic algorithm for joint replenishment based on the exact inventory cost
• A global optimum search algorithm for the joint replenishment problem under power-of-two policy.
• A heuristic for rationing inventory in two demand classes with backlog costs and a service constraint
• A joint replenishment policy with individual control and constant size orders
• A joint replenishment problem considering multiple trucks with shipment and resource constraints
• A Multiechelon Inventory Model with Fixed Replenishment Intervals
• A review of the joint replenishment problem literature: 1989--2005
• A simulation-based decision support system for a multi-echelon inventory problem with service level constraints
• An analytical study of the \(Q(s,S)\) policy applied to the joint replenishment problem
• An efficient algorithm for a generalized joint replenishment problem
• An efficient optimal solution method for the joint replenishment problem with minimum order quantities
• Calculating can-order policies for the joint replenishment problem by the compensation approach
• Can-order policy for the periodic-review joint replenishment problem
• Determining optimal parameters for expediting policies under service level constraints
• Finding Optimal (s, S) Policies Is About As Simple As Evaluating a Single Policy
• scientific article; zbMATH DE number 3249580 (Why is no real title available?)
• Joint replenishment inventory control: Deterministic and stochastic models
• Multi-item inventory control with full truckloads: a comparison of aggregate and individual order triggering
• Optimal Continuous Review Policies for Two Product Inventory Systems with Joint Setup Costs
• Optimal inventory policies for a two-dimensional stochastic inventory model: a numerical investigation
• Simulation and the Monte Carlo method
• Sustainable multi-echelon inventory control with shipment consolidation and volume dependent freight costs
• The periodic joint replenishment problem is strongly \(\mathcal{NP} \)-hard
• The stochastic joint replenishment problem: A new policy, analysis, and insights

Cited in

(11)

• Joint replenishment inventory control: Deterministic and stochastic models
• Optimization of safety stocks in models with an order service level objective or constraint
• Modeling and optimization of stochastic joint replenishment and delivery scheduling problem with uncertain costs
• A simulation optimization approach for a two-echelon inventory system with service level constraints
• Joint-optimization of inventory policies on a multi-product multi-echelon pharmaceutical system with batching and ordering constraints
• An inventory control system for products with optional components under service level and budget constraints
• Optimization of (s,S) inventory systems with random lead times and a service level constraint
• An inventory and distribution joint optimization model for multi-cycle supply chain under stochastic demand
• Joint optimization of reorder points in n-level distribution networks using (R, Q)-order policies
• An Optimal Method for a Deterministic Joint Replenishment Inventory Policy in Discrete Time
• Optimizing a multi-echelon location-inventory problem with joint replenishment: a Lipschitz -optimal approach using Lagrangian relaxation

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