End-of-Period vs. Continuous Accounting of Inventory-Related Costs

DOI10.1287/OPRE.1090.0752zbMATH Open1233.90042OpenAlexW2157077903MaRDI QIDQ3100433FDOQ3100433

Authors: Nils Rudi, Harry Groenevelt, Taylor R. Randall 

Publication date: 24 November 2011

Published in: Operations Research (Search for Journal in Brave)

Full work available at URL: https://semanticscholar.org/paper/4dd43308e9422f7c15985c3200a7c4394eebb195

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zbMATH Keywords

sensitivity analysisinventory costperiodic review

Mathematics Subject Classification ID

Applications of statistics in engineering and industry; control charts (62P30) Inventory, storage, reservoirs (90B05)

Cited In (9)

• Exact evaluation and optimization of the $(R, n T)$ policy for a two-stage serial inventory system
• The discrete-time EOQ model: solution and implications
• Stochastic periodic-review models with duration- and quantity-dependent inventory costs: properties and approximations
• Fixed-interval order-up-to policies and myopic optimal warehouse stock allocation for one-warehouse multiple-retailer systems
• Steady state probabilistic characteristics of the on/off production rate control production-inventory system with MMPP demand arrivals
• Continuous accounting of inventory costs with Brownian-motion and Poisson demand processes
• Cost accounting methods and periodic-review policies for serial inventory systems
• On optimality of a class of dynamic myopic policies for continuous-time replenishment with periodic updates
• The effect of delivery deviations on the choice of a supplier and the supply-chain equilibrium

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