On a deterministic approximation of inventory systems with sequential service-level constraints
DOI10.1287/OPRE.2020.2083zbMATH Open1482.90028OpenAlexW3135489276MaRDI QIDQ5031606FDOQ5031606
Authors: Lai Wei, Stefanus Jasin, Linwei Xin
Publication date: 16 February 2022
Published in: Operations Research (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1287/opre.2020.2083
Recommendations
- Service Constrained (s, S) Inventory Systems with Priority Demand Classes and Lost Sales
- Distribution free bounds for service constrained (Q, r) inventory systems
- Lost-sales inventory systems with a service level criterion
- Inventory models with minimal service level constraints
- Inventory Service-Level Measures: Convexity and Approximation
heuristicslinear programmingdynamic programminginventorysupply chainslost salesapproximationsasymptotic optimalitydeterministic approximationservice-level constraints
Cites Work
- Lost-sales inventory theory: a review
- Foundations of inventory management
- Lost-sales inventory systems with a service level criterion
- Fundamentals of supply chain theory
- Deterministic Approximations to Stochastic Production Problems
- A Comparison of the Optimal Costs of Two Canonical Inventory Systems
- Asymptotic optimality of order-up-to policies in lost sales inventory systems
- Old and New Methods for Lost-Sales Inventory Systems
- An efficient computational method for a stochastic dynamic lot-sizing problem under service-level constraints
- Asymptotically-optimal component allocation for assemble-to-order production-inventory systems
- Deterministic Approximations to Co-Production Problems with Service Constraints and Random Yields
- Probabilistic Service Level Guarantees in Make-to-Stock Manufacturing Systems
- Inventory models with minimal service level constraints
- Asymptotically optimal inventory control for assemble-to-order systems with identical lead times
- On upper bounds of sequential stochastic production planning problems
- Asymptotic optimality of constant-order policies for lost sales inventory models with large lead times
- Analysis of deterministic control and its improvements for an inventory problem with multiproduct batch differentiation
- Technical note -- constant-order policies for lost-sales inventory models with random supply functions: asymptotics and heuristic
- Optimality gap of constant-order policies decays exponentially in the lead time for lost sales models
Cited In (4)
- 1.79-approximation algorithms for continuous review single-sourcing lost-sales and dual-sourcing inventory models
- Distribution free bounds for service constrained (Q, r) inventory systems
- Inventory models with minimal service level constraints
- Inventory Service-Level Measures: Convexity and Approximation
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