Periodic review inventory control with fluctuating purchasing costs.

DOI10.1016/J.ORL.2003.11.003MaRDI QIDQ703246zbMATH OpenOpenAlexFDO

Authors Srinagesh Gavirneni

Publication date 11 January 2005

Published in Operations Research Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.orl.2003.11.003

zbMATH Keywords

Inventory controlOptimal policyExchange ratesMyopic heuristics

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

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Cites work

• scientific article; zbMATH DE number 43737 (Why is no real title available?)
• scientific article; zbMATH DE number 3322720 (Why is no real title available?)
• An Inventory Model with Limited Production Capacity and Uncertain Demands II. The Discounted-Cost Criterion
• Computing the optimal policy for capacitated inventory models
• Critical Number Policies for Inventory Models with Periodic Data
• Inventory control under speculation: Myopic heuristics and exact procedures
• Optimal Policy for Dynamic Inventory Process with Stochastic Demands Subject to Seasonal Variations
• Periodic review stochastic inventory problem with forecast updates: Worst-case bounds for the myopic solution
• The Nonstationary Stochastic Lead-Time Inventory Problem: Near-Myopic Bounds, Heuristics, and Testing

Cited in

(14)

• Risk pooling under demand and price uncertainty
• Monotone trends in inventory-price control under time-consistent coherent risk measure
• Inventory decisions with decreasing purchasing costs
• The capital cost of holding inventory with stochastically mean-reverting purchase price
• A risk-averse inventory model with Markovian purchasing costs
• Replenishment Policy with Limited Price Information
• Forecast cost budget of material ordering and inventory through the price change rate
• Fuzzy periodic review system with fuzzy random variable demand
• Buyer-supplier currency exchange rate flexibility contracts in global supply chains
• Periodic review inventory systems.
• Optimal policy for a dynamic, non-stationary, stochastic inventory problem with capacity commitment
• Optimal procurement strategies for contractual assembly systems with fluctuating procurement price
• Joint procurement and demand-side bidding strategies under price volatility
• Dynamic optimal decision making for manufacturers with limited attention based on sparse dynamic programming

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