The shape of the yield and its impact on inventory decisions

DOI10.1007/s10288-016-0317-zzbMath1353.90021OpenAlexW2344547415MaRDI QIDQ503666

Danja R. Sonntag, Gudrun P. Kiesmüller

Publication date: 13 January 2017

Published in: 4OR (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10288-016-0317-z

zbMATH Keywords

random yieldstochastic inventory modelpositive lead timeyield skewness

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Markov chains (discrete-time Markov processes on discrete state spaces) (60J10)

Related Items (1)

Disposal versus rework -- inventory control in a production system with random yield

Uses Software

• ismev

Cites Work

• Exact and heuristic linear-inflation policies for an inventory model with random yield and arbitrary lead times
• Concepts for safety stock determination under stochastic demand and different types of random production yield
• Bias prevention of maximum likelihood estimates for scalar skew normal and skew \(t\) distribu\-tions
• Technical note—Linear Inflation Rules for the Random Yield Problem: Analysis and Computations
• Lot Sizing with Random Yields: A Review
• Myopic Heuristics for the Random Yield Problem
• The Structure of Periodic Review Policies in the Presence of Random Yield

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