An optimal critical level policy for inventory systems with two demand classes

DOI10.1002/nav.20307zbMath1160.90305OpenAlexW1994077478MaRDI QIDQ3627934

Karin T. Möllering, Ulrich Wilhelm Thonemann

Publication date: 13 May 2009

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

Full work available at URL: https://doi.org/10.1002/nav.20307

zbMATH Keywords

analytical modelinventory managementcritical level policy

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Related Items

Multi-class dynamic inventory rationing with stochastic demands and backordering ⋮ Customer differentiated end-of-life inventory problem ⋮ On the decomposition property for a dynamic inventory rationing problem with multiple demand classes and backorder ⋮ A complete algebraic solution to the optimal dynamic rationing policy in the stock-rationing queue with two demand classes ⋮ `Buy online and pick up in-store': implications for the store inventory ⋮ Optimal production and inventory rationing policies with selective-information sharing and two demand classes ⋮ Optimal production and inventory control of multi-class mixed backorder and lost sales demand class models ⋮ Optimal choices for the E-tailer with inventory rationing, hybrid channel strategies, and service level constraint under multiperiod environments

Cites Work

• Unnamed Item
• Supply chain inventory optimization with two customer classes in discrete time
• Cost optimization in the \((S-1,S)\) lost sales inventory model with multiple demand classes
• Optimal Stock Allocation for a Capacitated Supply System
• A Threshold Inventory Rationing Policy for Service-Differentiated Demand Classes
• A Single-Product Inventory Model for Multiple Demand Classes
• Stock Rationing in an M/E_k/1 Make-to-Stock Queue
• Inventory rationing in an (s, Q) inventory model with lost sales and two demand classes
• Optimal Policies for Inventory Systems with Priority Demand Classes
• Service Constrained (s, S) Inventory Systems with Priority Demand Classes and Lost Sales
• Operating Characteristics of an Inventory System with Rationing
• Inventory Rationing in a Make-to-Stock Production System with Several Demand Classes and Lost Sales
• Stock-rationing policy for a make-to-stock production system with two priority classes and backordering
• The censored Markov chain and the best augmentation
• On the (S ? 1,S) lost sales inventory model with priority demand classes
• Optimal Policy in a Dynamic, Single Product, Nonstationary Inventory Model with Several Demand Classes