A continuous review inventory model with controllable backorder rate and investments

DOI10.1080/00207720802299028MaRDI QIDQ3497793zbMATH OpenOpenAlexFDO

Authors P. Parvathi, R. Uthayakumar

Publication date 27 July 2009

Published in International Journal of Systems Science. Principles and Applications of Systems and Integration (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1080/00207720802299028

zbMATH Keywords

controllable backorder rateinventoryreducing lead time and setup costyield randomness

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Controllability (93B05) Stochastic systems in control theory (general) (93E03)

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Cites work

• A heuristic approach for multiple item and location ordering problem with quantity discount and capacity constraint
• A joint optimal pricing, rebate value, and lot sizing model
• An interactive method for inventory control with fuzzy lead-time and dynamic demand
• An inventory system with investment to reduce yield variability and set-up cost
• Analysis of optimal opportunistic replenishment policies for inventory systems by using a \((s,S)\) model with a maximum issue quantity restriction
• Diversification under yield randomness in inventory models
• Effect of Lead Time on Inventory: A Static Analysis
• Investing in Reduced Setups in the EOQ Model
• Lot Sizing with Random Yields: A Review
• Optimal design of unreliable production--inventory systems with variable production rate
• Optimal Lot Sizing, Process Quality Improvement and Setup Cost Reduction
• Optimal production cycles, procurement schedules, and joint investment in an imperfect production system
• Periodic Review Production Models with Variable Capacity, Random Yield, and Uncertain Demand
• Retailer's optimal pricing and lot-sizing policies for deteriorating items with partial backlogging
• Single item lot sizing problems
• Stock Control When the Lead Time Cannot be Considered Constant

Cited in

(10)

• A note on lead time and distributional assumptions in continuous review inventory models.
• Ordering cost reduction in inventory model with defective items and backorder price discount
• Distribution-free continuous review inventory model with controllable lead time and setup cost in the presence of a service level constraint
• Computational algorithmic procedure for optimal inventory policy involving ordering cost reduction and back-order discounts when lead time demand is controllable
• Computational procedure of optimal inventory model involving controllable backorder rate and variable lead time with defective units
• Economic production quantity model for items with continuous quality characteristic, rework and reject
• (Q, R) inventory control involving a variable backorder rate
• An inventory system with investment to reduce yield variability and set-up cost
• Optimal ordering policies and capital investment in setup reduction for continuous review inventory system with random yields
• An IT-enabled supply chain model: a simulation study

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