Optimal control of a production-inventory system with both backorders and lost sales

DOI10.1002/NAV.20399MaRDI QIDQ3553744zbMATH OpenOpenAlexFDO

Authors Saif Benjaafar, Mohsen Elhafsi, Tingliang Huang

Publication date 21 April 2010

Published in Naval Research Logistics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1002/nav.20399

zbMATH Keywords

admission controlMarkov decision processesproduction and inventory controlmake-to-stock queuesinventory rationing

Mathematics Subject Classification ID

Approximation methods and heuristics in mathematical programming (90C59) Inventory, storage, reservoirs (90B05) Production models (90B30) Markov and semi-Markov decision processes (90C40)

Recommendations

• Optimal production and inventory control of multi-class mixed backorder and lost sales demand class models
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• scientific article; zbMATH DE number 530050

Cites work

• scientific article; zbMATH DE number 700091 (Why is no real title available?)
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Cited in

(23)

• A periodic-review base-stock inventory system with sales rejection
• A dynamic inventory model with the right of refusal
• Optimal control of a production-inventory system with product returns and two disposal options
• Optimal control of a production-inventory system with customer impatience
• Optimal control of a continuous-time \(W\)-configuration assemble-to-order system
• Managing an integrated production and inventory system selling to a dual market: long-term and walk-in
• Monotone optimal control for a class of Markov decision processes
• Inventory rationing and replenishment for an omni-channel retailer
• Optimizing a production-inventory system under a cost target
• Admission and inventory control of a single-component make-to-order production system with replenishment setup cost and lead time
• Control Policies for Two Classes of Inventory Systems via a Duality-Equivalence Relationship
• Analytical study on multi-product production planning with outsourcing
• Optimizing a single-product production-inventory system under constant absolute risk aversion
• On the decomposition property for a dynamic inventory rationing problem with multiple demand classes and backorder
• Optimal production and inventory control of multi-class mixed backorder and lost sales demand class models
• Application of data envelopment analysis models in supply chain management: a systematic review and meta-analysis
• Multi-item-multi-plant inventory control of production systems with shortages/backorders
• Production planning and inventories optimization: A backward approach in the convex storage cost case
• Optimal strategies of a production-inventory firm with debt repayment
• Performance Evaluation of a Lost Sales, Push-Pull, Production-Inventory System Under Supply and Demand Uncertainty
• A comparative study of production-inventory model for determining effective production quantity and safety stock level
• A two-demand-class inventory system with lost-sales and backorders
• Optimal control of a one product recovery system with backlogging

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