Replenishment and Stocking Policies for Inventory Systems with Random Deal Offerings

DOI10.1287/MNSC.43.3.334zbMATH Open0888.90049OpenAlexW2060333967MaRDI QIDQ4367193FDOQ4367193

Authors: Kamran Moinzadeh 

Publication date: 25 November 1997

Published in: Management Science (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1287/mnsc.43.3.334

Recommendations

• Optimal ordering policies in inventory systems with random demand and random deal offerings
• Inventory control and periodic price discounting campaigns
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• scientific article; zbMATH DE number 4025128

zbMATH Keywords

optimal policyrandom deal offeringsreplenishment and stocking decision

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Cited In (13)

• Ordering and pricing policies for random discount offerings and permissible shortages
• Inventory decisions with decreasing purchasing costs
• The capital cost of holding inventory with stochastically mean-reverting purchase price
• Optimal price and lot size when the supplier offers a temporary price reduction over an interval
• Special sales with guaranteed minimum duration but uncertain termination date
• Optimal ordering policies in inventory systems with random demand and random deal offerings
• Optimal spot market inventory strategies in the presence of cost and price risk
• Forward buying and strategic stockouts
• Optimal ordering for a probabilistic one-time discount
• Estimation of endogenously sampled time series: the case of commodity price speculation in the steel market
• Approximation algorithms for optimal purchase/inventory policy when purchase price and demand are stochastic
• The optimality of myopic stocking policies for systems with decreasing purchasing prices
• Competitive analysis of the online inventory problem

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