Inventory models with minimal service level constraints

DOI10.1016/S0377-2217(00)00243-5zbMath0990.90002MaRDI QIDQ5945203

Dmitry Krass, Youhua (Frank) Chen

Publication date: 19 August 2002

Published in: European Journal of Operational Research (Search for Journal in Brave)

zbMATH Keywords

inventory models\((s,S)\) policyservice level

Mathematics Subject Classification ID

Queues and service in operations research (90B22) Inventory, storage, reservoirs (90B05)

Related Items (13)

On a Deterministic Approximation of Inventory Systems with Sequential Service-Level Constraints ⋮ LOG-CONCAVITY OF COMPOUND DISTRIBUTIONS WITH APPLICATIONS IN OPERATIONAL AND ACTUARIAL MODELS ⋮ A mixed integer programming formulation for the stochastic lot sizing problem with controllable processing times ⋮ The effect of service level constraint on EPQ model with random defective rate ⋮ Controllable lead time, service level constraint, and transportation discounts in a continuous review inventory model ⋮ Chance-constrained optimization under limited distributional information: a review of reformulations based on sampling and distributional robustness ⋮ A theoretical validation of the DDMRP reorder policy ⋮ Effective investment to reduce setup cost in a mixture inventory model involving controllable backorder rate and variable lead time with a service level constraint ⋮ An Outer Approximation Algorithm for Capacitated Disassembly Scheduling Problem with Parts Commonality and Random Demand ⋮ On the effect of two popular service-level measures on the design of a critical level policy for fast-moving items ⋮ Heuristic policies for the stochastic economic lot sizing problem with remanufacturing under service level constraints ⋮ Constraint programming for computing non-stationary \((R, S)\) inventory policies ⋮ An integrated inventory model with controllable lead time and distribution-free demand

Cites Work

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• Simple approximations for the reorder point in periodic and continuous review (s,S) inventory systems with service level constraints
• Power Approximation for Computing (s, S) Policies Using Service Level
• Strategies for the Probabilistic Lot-Sizing Problem with Service-Level Constraints
• Critical Number Policies for Inventory Models with Periodic Data
• Finding Optimal (s, S) Policies Is About As Simple As Evaluating a Single Policy
• A simple proof for optimality of (s, S) policies in infinite-horizon inventory systems
• Optimality of (s, S) Policies in Inventory Models with Markovian Demand
• Percentile performance criteria for limiting average Markov decision processes
• The Finite Horizon Nonstationary Stochastic Inventory Problem: Near-Myopic Bounds, Heuristics, Testing
• A Class of One-Period Inventory Models
• Computing Optimal (s, S) Inventory Policies
• Bayesian Determination of the Reorder Point of a Slow Moving Item

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