Optimality of Myopic Inventory Policies for Certain Dependent Demand Processes
From MaRDI portal
Publication:4065246
DOI10.1287/mnsc.21.11.1303zbMath0307.90019OpenAlexW2005270316MaRDI QIDQ4065246
No author found.
Publication date: 1975
Published in: Management Science (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1287/mnsc.21.11.1303
Production models (90B30) Inventory, storage, reservoirs (90B05) Applications of queueing theory (congestion, allocation, storage, traffic, etc.) (60K30)
Related Items (24)
Information transformation in a supply chain: a simulation study ⋮ Demand seasonality in retail inventory management ⋮ Robust newsvendor problem with autoregressive demand ⋮ Technical Note—New Sufficient Conditions for (s, S) Policies to be Optimal in Systems with Multiple Uncertainties ⋮ A mathematical programming-based solution method for the nonstationary inventory problem under correlated demand ⋮ Inventory control under temporal demand heteroscedasticity ⋮ Multiple items procurement under stochastic nonstationary demands ⋮ A measure of bullwhip effect in supply chains with a mixed autoregressive-moving average demand process ⋮ Planning for demand failure: a dynamic lot size model for clinical trial supply chains ⋮ Stability of information-sharing alliances in a three-level supply chain ⋮ Peeling layers of an onion: Inventory model with multiple delivery modes and forecast updates. ⋮ Quantifying bullwhip effect in a closed loop supply chain ⋮ A semi-parametric approach for estimating critical fractiles under autocorrelated demand ⋮ Analysis of compound bullwhip effect causes ⋮ Rolling-horizon replenishment: Policies and performance analysis ⋮ Periodic-review inventory model with three consecutive delivery modes and forecast updates ⋮ Computing non-stationary \((s, S)\) policies using mixed integer linear programming ⋮ Bullwhip reduction for ARMA demand: the proportional order-up-to policy versus the full-state-feedback policy ⋮ The governing dynamics of supply chains: the impact of altruistic behaviour ⋮ Impact of information sharing and lead time on bullwhip effect and on-hand inventory ⋮ Periodic review stochastic inventory problem with forecast updates: Worst-case bounds for the myopic solution ⋮ Performance bound for myopic order-up-to inventory policies under stationary demand processes ⋮ The myopic Order-Up-To policy with a proportional feedback controller ⋮ Distributionally Robust Inventory Control When Demand Is a Martingale
This page was built for publication: Optimality of Myopic Inventory Policies for Certain Dependent Demand Processes