Optimal Policy for a Two-Stage Assembly System under Random Demand

DOI10.1287/opre.33.5.1130zbMath0601.90042OpenAlexW2028239978MaRDI QIDQ3737157

Steven Nahmias, Charles P. Schmidt

Publication date: 1985

Published in: Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1287/opre.33.5.1130

zbMATH Keywords

two componentsinventory systemmultiperiod problemoptimal order policyoptimal assembly policy

Mathematics Subject Classification ID

Applications of mathematical programming (90C90) Inventory, storage, reservoirs (90B05) Dynamic programming (90C39)

Related Items (12)

Synchronization in a two‐supplier assembly system: Combining a fixed lead‐time module with capacitated m<scp>ake‐to‐order</scp> production ⋮ Knowledge You Can Act on: Optimal Policies for Assembly Systems with Expediting and Advance Demand Information ⋮ A typology and literature review on stochastic multi-echelon inventory models ⋮ Simultaneous coordination of order quantity and reorder point in a two-stage supply chain ⋮ Approximations of lead-time distributions in an assemble-to-order system under a base-stock policy ⋮ Recent developments in single product, discrete-time, capacitated production-inventory systems. ⋮ Optimal and heuristic policies for assemble-to-order systems with different review periods ⋮ Inventory policies for a make‐to‐order system with a perishable component and fixed ordering cost ⋮ Materials coordination in stochastic multi-echelon systems ⋮ Joint demand fulfillment probability in a multi-item inventory system with independent order-up-to policies ⋮ A performance bound on single cycle lot-sizing policies for an assembly system with stochastic demand ⋮ Asymptotically Optimal Lagrangian Policies for Multi-Warehouse, Multi-Store Systems with Lost Sales

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