The optimal dynamic rationing policy in the stock-rationing queue

DOI10.1007/978-3-031-16081-3_7MaRDI QIDQ6167008zbMATH OpenFDO

Authors Quan-Lin Li, Yi-Meng Li, Jing-Yu Ma, Heng-Li Liu

Publication date 7 July 2023

Published in Algorithmic Aspects in Information and Management (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/978-3-031-16081-3_7

zbMATH Keywords

dynamic rationing policyinventory rationingMarkov decision processsensitivity-based optimizationstock-rationing queue

Mathematics Subject Classification ID

Branching processes (Galton-Watson, birth-and-death, etc.) (60J80) Inventory, storage, reservoirs (90B05) Queues and service in operations research (90B22) Markov and semi-Markov decision processes (90C40)

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Cites work

• A complete algebraic solution to the optimal dynamic rationing policy in the stock-rationing queue with two demand classes
• Constructive computation in stochastic models with applications. The RG-factorization.
• scientific article; zbMATH DE number 700091 (Why is no real title available?)
• Inventory Rationing in a Make-to-Stock Production System with Several Demand Classes and Lost Sales
• Inventory Sharing and Rationing in Decentralized Dealer Networks
• Optimal energy-efficient policies for data centers through sensitivity-based optimization
• Optimal Ordering and Rationing Policies in a Nonstationary Dynamic Inventory Model with n Demand Classes
• Optimal Policy in a Dynamic, Single Product, Nonstationary Inventory Model with Several Demand Classes
• Production and inventory control of a single product assemble-to-order system with multiple customer classes
• Stochastic learning and optimization. A sensitivity-based approach.
• Stock rationing in an \(M/e_{k}/1\) make-to-stock queue
• Stock-rationing policy for a make-to-stock production system with two priority classes and backordering
• Technical note: Optimal structural results for assemble-to-order generalized M-systems

Cited in

(2)

• Dynamic rationing policies for product with incremental upgrading demands
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