Inventory management for stochastic lead times with order crossovers

DOI10.1016/J.EJOR.2015.07.047MaRDI QIDQ320703zbMATH OpenOpenAlexFDO

Authors Stephen M. Disney, Arnold Maltz, Xun Wang, Roger D. H. Warburton

Publication date 7 October 2016

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

Full work available at URL http://orca.cf.ac.uk/74757/8/Inventory%20management%20under%20stochastic%20lead%20times%20with%20order%20crossovers.pdf

zbMATH Keywords

global supply chainsorder cross-overorder-up-to policysafety stockstochastic lead-times

Mathematics Subject Classification ID

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

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Cites work

• scientific article; zbMATH DE number 6684781 (Why is no real title available?)
• scientific article; zbMATH DE number 3223982 (Why is no real title available?)
• A Dynamic Inventory Model with Stochastic Lead Times
• Coordinating lead times and safety stocks under autocorrelated demand
• Determining Safety Stock in the Presence of Stochastic Lead Time and Demand
• Inventory management with an exogenous supply process
• Measuring and avoiding the bullwhip effect: A control theoretic approach
• On the Application of Servomechanism Theory in the Study of Production Control
• Optimal Production Smoothing and Safety Inventory
• Order-Level Inventory Systems with Independent Stochastic Leadtimes
• Quantifying the bullwhip effect in a supply chain with stochastic lead time
• Robustness of the normal approximation of lead-time demand in a distribution setting
• Sampling Systems Theory and its Application
• The Value of Information Sharing in a Two-Level Supply Chain
• The impact of stochastic lead time reduction on inventory cost under order crossover

Cited in

(21)

• Robust optimization approaches for purchase planning with supplier selection under lead time uncertainty
• Mitigating variance amplification under stochastic lead-time: the proportional control approach
• Non-crossing vs. independent lead times in a lost-sales inventory system with compound Poisson demand
• Deep controlled learning for inventory control
• Measurement and optimization of responsiveness in supply chain networks with queueing structures
• Forecasting of lead-time demand variance: implications for safety stock calculations
• The multivariate bullwhip effect
• An inventory model with order crossover
• On the stationary stochastic response of an order-constrained inventory system
• Exploring the interaction of inventory policies across the supply chain: an agent-based approach
• The impact of overconfidence and stochastic lead time forecasting on the bullwhip effect
• Optimizing (\(s, S\)) policies for multi-period inventory models with demand distribution uncertainty: robust dynamic programing approaches
• The impact of stochastic lead time reduction on inventory cost under order crossover
• Exploiting random lead times for significant inventory cost savings
• New policies exploiting randomness of lead times in inventory systems
• Order crossover in inventory systems
• scientific article; zbMATH DE number 6126676 (Why is no real title available?)
• Replenishment strategies for lost sales inventory systems of perishables under demand and lead time uncertainty
• Analysis of production and inventory systems when orders may cross over
• Analysis of lead time correlation under a base-stock policy
• The effect of customer patience on multiple-location inventory systems

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