Optimal Inventory Policies with Service-Level Constraints

DOI10.1057/JORS.1989.6MaRDI QIDQ3827768zbMATHOpenAlexFDO

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

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)

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Cited in

(19)

• Effective investment to reduce setup cost in a mixture inventory model involving controllable backorder rate and variable lead time with a service level constraint
• Distribution-free continuous review inventory model with controllable lead time and setup cost in the presence of a service level constraint
• Computational algorithm for inventory model with a service level constraint, lead time demand with the mixture of distributions and controllable negative exponential backorder rate
• SERVICE LEVEL ANALYSIS OF (S - 1, S) INVENTORY POLICY FOR NEGATIVE BINOMIAL DISTRIBUTED FAILURES
• A minimax distribution free procedure for (Q, R, L) inventory model subject to a service level constraint
• Statistical measurement of the inventory shortage cost
• Capacity and assortment planning under one-way supplier-driven substitution for pharmacy kiosks with low drug demand
• On the relationship between cost and service models for general inventory systems
• Mixture inventory model involving variable lead time with a service level constraint
• Inventory Service-Level Measures: Convexity and Approximation
• Lead time reduction models with defective items subject to a service level constraint
• An inventory control system for products with optional components under service level and budget constraints
• Inventory models with minimal service level constraints
• Dynamic inventory strategies for profit maximization in a service facility with stochastic service, demand and lead time
• Lost-sales inventory theory: a review
• 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

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