Optimal Inventory Policies with Service-Level Constraints

DOI10.1057/JORS.1989.6zbMATH Open0673.90028OpenAlexW2028440899MaRDI QIDQ3827768FDOQ3827768

Authors: Karen Aardal, Örjan Jonsson, Henrik Jönsson 

Publication date: 1989

Published in: The Journal of the Operational Research Society (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1057/jors.1989.6

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zbMATH Keywords

lead-time demandshadow priceservice-level constraintscost-minimizationcontinuous review (Q,r) stock-control systemsensitivity for probabilistic variations

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Cited In (19)

• Lead time reduction models with defective items subject to a service level constraint
• A minimax distribution free procedure for (Q, R, L) inventory model subject to a service level constraint
• On the relationship between cost and service models for general inventory systems
• An inventory control system for products with optional components under service level and budget constraints
• Dynamic inventory strategies for profit maximization in a service facility with stochastic service, demand and lead time
• Mixture inventory model involving variable lead time with a service level constraint
• Lost-sales inventory theory: a review
• Statistical measurement of the inventory shortage cost
• Capacity and assortment planning under one-way supplier-driven substitution for pharmacy kiosks with low drug demand
• Inventory models with minimal service level constraints
• Inventory Service-Level Measures: Convexity and Approximation
• Computational algorithm for inventory model with a service level constraint, lead time demand with the mixture of distributions and controllable negative exponential backorder rate
• Distribution-free continuous review inventory model with controllable lead time and setup cost in the presence of a service level constraint
• Effective investment to reduce setup cost in a mixture inventory model involving controllable backorder rate and variable lead time with a service level constraint
• On the allocation of exclusive-use counters for airport check-in queues: static vs. dynamic policies
• An \(L\)-moment-based analog for the Schmeiser-Deutsch class of distributions
• On the shortage control in a continuous review \((Q, r)\) inventory policy using \(\alpha_L\) service-level
• Nonlinear programming analysis to estimate implicit inventory backorder costs
• SERVICE LEVEL ANALYSIS OF (S - 1, S) INVENTORY POLICY FOR NEGATIVE BINOMIAL DISTRIBUTED FAILURES

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