The Optimal Review Period in a Dynamic Inventory Model

DOI10.1287/OPRE.45.5.736MaRDI QIDQ4393121zbMATH OpenOpenAlexFDO

Authors James Flynn, Stanley J. Garstka

Publication date 8 June 1998

Published in Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1287/opre.45.5.736

zbMATH Keywords

long run expected average costoptimal review periodsingle-item, periodic review, infinite-horizon, undiscounted, inventory modelstochastic demands

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Recommendations

• scientific article; zbMATH DE number 1471490
• A Dynamic Inventory Model with Periodic Auditing
• An effective heuristic for the review period in an inventory model with staggered deliveries and normal demands
• Selecting review periods for a coordinated multi-item inventory model with staggered deliveries

Cited in

(25)

• Optimal inventory policy for a dynamic stochastic inventory problem with order revision
• Periodic review stochastic inventory problem with forecast updates: Worst-case bounds for the myopic solution
• An effective heuristic for the review period in an inventory model with staggered deliveries and normal demands
• Optimal ordering policies for periodic-review systems with replenishment cycles
• Periodic review and continuous ordering
• Selecting review periods for a coordinated multi-item inventory model with staggered deliveries
• Stochastic periodic-review models with duration- and quantity-dependent inventory costs: properties and approximations
• A periodic-review base-stock inventory system with sales rejection
• Heuristic computation of periodic-review base stock inventory policies
• Dynamic inventory targets revisited
• Optimal policy and stability regions for the single product periodic review inventory problem, with stationary demands
• Inventory performance under staggered deliveries and autocorrelated demand
• Periodic Review Inventory Systems with Continuous Demand and Discrete Order Sizes
• An Equation for the Optimal Value of T, the Inventory Replenishment Review Period when Demand is Normal
• scientific article; zbMATH DE number 4139457 (Why is no real title available?)
• Numerical Comparisons of Inventory Policies for Periodic Review Systems
• scientific article; zbMATH DE number 4085380 (Why is no real title available?)
• scientific article; zbMATH DE number 1471490 (Why is no real title available?)
• A Dynamic Inventory Model with Periodic Auditing
• Dynamics of Two Classes of Continuous-Review Inventory Systems
• Optimal (r,nQ,T) batch-ordering policy under stationary demand
• Periodic review inventory models with multiclass demands and fixed order costs
• On optimality of a class of dynamic myopic policies for continuous-time replenishment with periodic updates
• Optimal ordering policies for periodic-review systems with a refined intra-cycle time scale
• Effective and simple EOQ-like solutions for stochastic demand periodic review systems

This page was built for publication: The Optimal Review Period in a Dynamic Inventory Model

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q4393121)