Sample Path Derivatives for (s, S) Inventory Systems

DOI10.1287/OPRE.42.2.351MaRDI QIDQ4301299zbMATH OpenOpenAlexFDO

Authors Michael C. Fu

Publication date 21 July 1994

Published in Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1287/opre.42.2.351

zbMATH Keywords

infinite horizon\((s,S)\) inventory systemsnondiscounted periodic review systemsample path derivatives of performance measures

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

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Cited in

(20)

• Multi-location transshipment problem with capacitated transportation
• What you should know about simulation and derivatives
• INVENTORY PROCESSES: QUASI-REGENERATIVE PROPERTY, PERFORMANCE EVALUATION, AND SENSITIVITY ESTIMATION VIA SIMULATION
• Solving a class of simulation-based optimization problems using ``optimality in probability
• Optimal and near-optimal \((s,S)\) inventory policies for Levy demand processes
• scientific article; zbMATH DE number 7290853 (Why is no real title available?)
• A new unbiased stochastic derivative estimator for discontinuous sample performances with structural parameters
• Stability analysis and optimization of an inventory system with bounded orders
• A stochastic approximation method for the single-leg revenue management problem with discrete demand distributions
• IPA derivatives for make-to-stock production-inventory systems with backorders under the (\(\mathbf{R,r}\)) policy
• Average cost optimality in inventory models with Markovian demands
• Strong consistency of sample path derivative estimates
• Simulation optimization: a review and exploration in the new era of cloud computing and big data
• Stochastic optimization in supply chain networks: averaging robust solutions
• A stochastic approximation algorithm to compute bid prices for joint capacity allocation and overbooking over an airline network
• The classical average-cost inventory models of Iglehart and Veinott-Wagner revisited
• Approximate optimal order batch sizes in a parallel aisle warehouse
• IPA derivatives for a discrete model of make-to-stock production-inventory systems with backorders
• IPA derivatives for Make-to-Stock production-inventory systems with backorders
• Application of perturbation analysis to a class of periodic review (s, S) inventory systems

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