Multi-class dynamic inventory rationing with stochastic demands and backordering

DOI10.1016/j.ejor.2015.01.022zbMath1346.90039OpenAlexW2048483674MaRDI QIDQ319308

Kok Choon Tan, Changyong Zhang, Miao Song, Shudong Liu

Publication date: 6 October 2016

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

Full work available at URL: https://doi.org/10.1016/j.ejor.2015.01.022

zbMATH Keywords

backorderingclosed-form expressionsdynamic inventory rationingmultiple classes stochastic demands

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Related Items (6)

Opportunity loss minimization and newsvendor behavior ⋮ Inventory rationing and replenishment for an omni-channel retailer ⋮ The Joint Stock and Capacity Rationings of a Make-To-Stock System with Flexible Demand ⋮ Transshipment policies for systems with multiple retailers and two demand classes ⋮ A closed-loop model of a multi-station and multi-product manufacturing system using bond graphs and hybrid controllers ⋮ Optimal production and inventory rationing policies with selective-information sharing and two demand classes

Cites Work

• An embedded Markov chain approach to stock rationing
• A dynamic rationing policy for continuous-review inventory systems
• Dynamic rationing and ordering policies for multiple demand classes
• Dynamic inventory rationing strategies for inventory systems with two demand classes, Poisson demand and backordering
• Optimal Stock Allocation for a Capacitated Supply System
• A Threshold Inventory Rationing Policy for Service-Differentiated Demand Classes
• Stock Rationing
• A Single-Product Inventory Model for Multiple Demand Classes
• Stock Rationing in an M/E_k/1 Make-to-Stock Queue
• Inventory rationing in an (s, Q) inventory model with lost sales and two demand classes
• Rationing policies for some inventory systems
• Dynamic Programming Under Uncertainty with a Quadratic Criterion Function
• A Note on Certainty Equivalence in Dynamic Planning
• An optimal critical level policy for inventory systems with two demand classes
• Service Constrained (s, S) Inventory Systems with Priority Demand Classes and Lost Sales
• Operating Characteristics of an Inventory System with Rationing
• On Properties of Stochastic Inventory Systems
• Inventory Rationing in a Make-to-Stock Production System with Several Demand Classes and Lost Sales
• Stock-rationing policy for a make-to-stock production system with two priority classes and backordering
• A produce‐to‐stock system with advance demand information and secondary customers
• Optimal Ordering and Rationing Policies in a Nonstationary Dynamic Inventory Model with n Demand Classes

This page was built for publication: Multi-class dynamic inventory rationing with stochastic demands and backordering