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

DOI10.1287/MOOR.2013.0614MaRDI QIDQ5169712zbMATH OpenOpenAlexFDO

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

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)

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Cited in

(14)

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

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