Continuous \((s,S)\) policy with MMPP correlated demand

DOI10.1016/j.ejor.2015.05.029zbMath1346.90043OpenAlexW1938246418MaRDI QIDQ319884

Walid W. Nasr, Bacel Maddah

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.2015.05.029

zbMATH Keywords

mmppMarkov modulated Poisson processstochastic demandcorrelated demandinventory systemsordering policies

Mathematics Subject Classification ID

Stochastic programming (90C15) Inventory, storage, reservoirs (90B05)

Related Items (6)

A Markovian approach to modeling a periodic order‐up‐to‐level policy under stochastic discrete demand and lead time with lost sales ⋮ MAP fitting by count and inter-arrival moment matching ⋮ Continuous inventory control with stochastic and non-stationary Markovian demand ⋮ Modelling and understanding count processes through a Markov-modulated non-homogeneous Poisson process framework ⋮ A centralized stochastic inventory control model for perishable products considering age-dependent purchase price and lead time ⋮ Inventory systems with stochastic and batch demand: computational approaches

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