Easily Implementable Inventory Control Policies

DOI10.1287/OPRE.45.3.327MaRDI QIDQ4367227zbMATH OpenOpenAlexFDO

Authors Wallace J. Hopp, Mark L. Spearman, Rachel Q. Zhang

Publication date 25 November 1997

Published in Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1287/opre.45.3.327

zbMATH Keywords

constrained optimizationheuristic algorithmsnonconvexity

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

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Cited in

(10)

• Easy quantification of improved spare parts inventory policies
• Stock keeping unit fill rate specification
• Explicit inverse method for inventory replenishment problem with a linear demand pattern
• Vendor-managed inventory and the effect of channel power
• The effect of service level constraint on EPQ model with random defective rate
• Heuristics for multi-item two-echelon spare parts inventory control subject to aggregate and individual service measures
• An inventory sharing and allocation method for a multi-location service parts logistics network with time-based service levels
• Near-Optimal Service Constrained Stocking Policies for Spare Parts
• An efficient heuristic for inventory control when the customer is using a \((s,S)\) policy
• Minimising total average cycle stock subject to practical constraints

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