Managing dynamic inventory systems with product returns: a Markov decision process

DOI10.1007/S10957-012-0192-5zbMath1282.90230OpenAlexW2071819776MaRDI QIDQ353190

Xiaoming Li

Publication date: 12 July 2013

Published in: Journal of Optimization Theory and Applications (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10957-012-0192-5

zbMATH Keywords

dynamic programminginventory controlpolynomial growth functionsreverse-logistics

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Markov and semi-Markov decision processes (90C40)

Related Items (4)

Performance analyses of production inventory systems considering service time and product returns of online shopping ⋮ (s, S) Inventory Systems with Correlated Demands ⋮ Optimal policies and bounds for stochastic inventory systems with lost sales ⋮ Dynamic policies for resource reallocation in a robotic mobile fulfillment system with time-varying demand

Cites Work

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• Optimal disposal policies for a single-item inventory system with returns
• Optimality of (s, S) Policies in Inventory Models with Markovian Demand
• Inventory Control in a Fluctuating Demand Environment
• Denumerable State Markovian Decision Processes-Average Cost Criterion

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