A partial characterization of the optimal ordering/rationing policy for a periodic review system with two demand classes and backordering

DOI10.1002/NAV.20404MaRDI QIDQ3560221zbMATH OpenOpenAlexFDO

Authors Shaoxiang Chen, Jian-Jun Xu, Youyi Feng

Publication date 19 May 2010

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

Full work available at URL https://doi.org/10.1002/nav.20404

zbMATH Keywords

dynamic programminginventory/rationingstochastic models

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Dynamic programming (90C39) Approximation methods and heuristics in mathematical programming (90C59)

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Cites work

• A single-product inventory model for multiple demand classes
• A threshold inventory rationing policy for service-differentiated demand classes
• Dynamic Pricing Through Discounts for Optimizing Multiple-Class Demand Fulfillment
• Inventory Rationing in a Make-to-Stock Production System with Several Demand Classes and Lost Sales
• Inventory Sharing and Rationing in Decentralized Dealer Networks
• Operating Characteristics of an Inventory System with Rationing
• Optimal Policies for Inventory Systems with Priority Demand Classes
• Optimal Policy in a Dynamic, Single Product, Nonstationary Inventory Model with Several Demand Classes
• Production and inventory control of a single product assemble-to-order system with multiple customer classes
• Service Constrained (s, S) Inventory Systems with Priority Demand Classes and Lost Sales
• Stock rationing in an \(M/e_{k}/1\) make-to-stock queue
• Stock-rationing policy for a make-to-stock production system with two priority classes and backordering

Cited in

(11)

• On the decomposition property for a dynamic inventory rationing problem with multiple demand classes and backorder
• Dynamic rationing and ordering policies for multiple demand classes
• Dynamic inventory rationing strategies for inventory systems with two demand classes, Poisson demand and backordering
• A heuristic for rationing inventory in two demand classes with backlog costs and a service constraint
• Optimal Policies for Inventory Systems with Priority Demand Classes
• The joint stock and capacity rationings of a make-to-stock system with flexible demand
• Convex backorders of a rationing inventory policy with two different demand classes
• A capacitated replenishment-liquidation model under contractual and spot markets with stochastic demand
• Periodic review inventory models with multiclass demands and fixed order costs
• Optimal policies in a dual sourcing inventory system with multiple demand classes and supply disruption risks
• The optimal repair policy for an unreliable production system with limited available spare parts

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