On optimal policies for production-inventory systems with compound Poisson demand and setup costs

DOI10.1287/MOOR.2013.0614zbMATH Open1291.90028OpenAlexW2137452821MaRDI QIDQ5169712FDOQ5169712

Authors: Nicky D. Van Foreest, Jacob Wijngaard 

Publication date: 11 July 2014

Published in: Mathematics of Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1287/moor.2013.0614

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zbMATH Keywords

setup costsproduction/inventory systemsoptimal policiesconstrained capacity

Mathematics Subject Classification ID

Dynamic programming (90C39) Stopping times; optimal stopping problems; gambling theory (60G40) Inventory, storage, reservoirs (90B05) Optimal stochastic control (93E20)

Cited In (14)

• Optimal replenishment rate for inventory systems with compound Poisson demands and lost sales: a direct treatment of time-average cost
• Optimal policies for production-clearing systems under continuous-review
• Optimal policy for a production-inventory system with setup cost and average cost criterion
• Control of a continuous production inventory system with production quantity restrictions
• Production-inventory systems with lost sales and compound Poisson demands
• Optimal and simple approximate solutions to a production-inventory system with stochastic and deterministic demand
• Optimal policies for production/inventory systems with finite capacity and Markov-modulated demand and supply processes
• Optimal \( (s,d,S)\) policy for a production-inventory system with pricing and setup cost
• THE OPTIMAL (r,S) POLICY IN A SINGLE ITEM PRODUCTION/INVENTORY SYSTEM WITH SETUP TIMES
• Production-inventory control policy under warm/cold state-dependent fixed costs and stochastic demand: partial characterization and heuristics
• A complete algebraic solution to the optimal dynamic rationing policy in the stock-rationing queue with two demand classes
• (r, Q) POLICY FOR A SINGLE-PRODUCT PRODUCTION/INVENTORY PROBLEM WITH A COMPOUND POISSON DEMAND PROCESS
• A control policy of an inventory system with compound poisson demand
• Performance Analysis of a Multi-Item Production-Inventory System Under Alternative Policies

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