Note: A Simple Heuristic for Serial Inventory Systems with Fixed Order Costs

DOI10.1287/OPRE.1080.0547zbMATH Open1167.90353OpenAlexW2135536464MaRDI QIDQ3392229FDOQ3392229

Authors: Kevin Shang 

Publication date: 13 August 2009

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

Full work available at URL: https://doi.org/10.1287/opre.1080.0547

Recommendations

• Optimal and heuristic echelon \((r, nQ, T)\) policies in serial inventory systems with fixed costs
• A simple heuristic policy for stochastic inventory systems with both minimum and maximum order quantity requirements
• A serial inventory system with supplier selection and order quantity allocation considering transportation costs
• Technical note -- A simple heuristic policy for stochastic distribution inventory systems with fixed shipment costs
• Optimal Ordering Policy for Inventory Systems with Quantity-Dependent Setup Costs
• Ordering policies for periodic-review inventory systems with quantity-dependent fixed costs
• A serial inventory system with supplier selection and order quantity allocation
• An independent inventory control heuristic for multi-component assemble-to-order systems
• Optimal policy for inventory systems with capacity commitment and fixed ordering costs
• Capacitated inventory problems with fixed order costs: Some optimal policy structure

Mathematics Subject Classification ID

Approximation methods and heuristics in mathematical programming (90C59) Inventory, storage, reservoirs (90B05)

Cited In (10)

• A simple heuristic for echelon \((r,nQ,T)\) policies in serial supply chains
• A serial inventory system with supplier selection and order quantity allocation considering transportation costs
• Modified echelon \((r,Q)\) policies with guaranteed performance bounds for stochastic serial inventory systems
• Heuristic modeling of supply availabilities in large networks
• A typology and literature review on stochastic multi-echelon inventory models
• Optimal inventory management using retail prepacks
• A new algorithm and a new heuristic for serial supply systems
• The benefit of VMI strategies in a stochastic multi-product serial two echelon system
• Exact analysis of the $(R, Q)$ inventory policy in a two-echelon production-inventory system
• Determining near optimal base-stock levels in two-stage general inventory systems

This page was built for publication: Note: A Simple Heuristic for Serial Inventory Systems with Fixed Order Costs

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q3392229)