Technical Note—A Make-to-Stock System with Multiple Customer Classes and Batch Ordering

DOI10.1287/OPRE.1080.0549zbMATH Open1167.90380OpenAlexW2049452642MaRDI QIDQ3392250FDOQ3392250

Authors: Boray Huang, Seyed M. R. Iravani 

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.1080.0549

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Mathematics Subject Classification ID

Transportation, logistics and supply chain management (90B06) Markov and semi-Markov decision processes (90C40)

Cited In (10)

• Dynamic pricing in a production system with multiple demand classes
• Optimal production and rationing policies of a make-to-stock production system with batch demand and backordering
• Prioritizing regular demand while reserving capacity for emergency demand
• Effects of system parameters on the optimal policy structure in a class of queueing control problems
• The joint stock and capacity rationings of a make-to-stock system with flexible demand
• A dynamic inventory rationing problem with uncertain demand and production rates
• Reduce shortage with self-reservation policy for a manufacturer paying both fixed and variable stockout expenditure
• Production and availability policies through the Markov decision process and myopic methods for contractual and selective orders
• A complete algebraic solution to the optimal dynamic rationing policy in the stock-rationing queue with two demand classes
• Optimal production and rationing decisions in supply chains with information sharing

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