On the benefits of delayed ordering

DOI10.1016/J.EJOR.2015.08.003zbMATH Open1346.90057OpenAlexW1193273512MaRDI QIDQ320822FDOQ320822

S. Transchel, Aris A. Syntetos, M. Z. Babai, Ruud H. Teunter

Publication date: 7 October 2016

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

Full work available at URL: https://pure.rug.nl/ws/files/81175151/On_the_benefits_of_delayed_ordering.pdf

Recommendations

• Replenishment Delays for Expensive Slow-Moving Items
• Sensitivity of continuous review stochastic (s,S) inventory systems to ordering delays
• Optimum ordering policies for expensive slow moving items
• Optimality of base-stock and \((s,S)\) policies for inventory problems with information delays
• Optimal policies for inventory systems with separate delivery-request and order-quantity decisions

zbMATH Keywords

\((s,S)\) policyinventory controldelayed orderingintermittent demandmarginal cost analysis

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

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Cited In (11)

• Order postponement in a supply chain in the presence of exponential demand with gamma prior
• Good buy? Delaying end-of-life purchases
• Design for Postponement: A Comprehensive Characterization of Its Benefits Under Unknown Demand Distributions
• Joint condition-based maintenance and inventory optimization for systems with multiple components
• Forecasting of lead-time demand variance: implications for safety stock calculations
• An Inventory Model of Immediate and Delayed Delivery
• Replenishment Delays for Expensive Slow-Moving Items
• Some Delays do not matter
• Optimality of base-stock and \((s,S)\) policies for inventory problems with information delays
• An inventory model for delayed customization: a hybrid approach
• Analysis on multi-echelon inventory delayed ordering control model based on seasonal demand

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