Evaluation of inventory policies with unidirectional substitutions

DOI10.1016/J.EJOR.2006.06.058MaRDI QIDQ879291zbMATH OpenOpenAlexFDO

Authors Jun Liu, Chi-Guhn Lee

Publication date 11 May 2007

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

Full work available at URL https://doi.org/10.1016/j.ejor.2006.06.058

zbMATH Keywords

inventorydecomposition approachspare partMarkovian modelunidirectional substitution

Mathematics Subject Classification ID

Decomposition methods (49M27) Inventory, storage, reservoirs (90B05) Markov and semi-Markov decision processes (90C40)

Recommendations

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Cites work

• A Two-Echelon Inventory System with Priority Shipments
• A new decision rule for lateral transshipments in inventory systems
• Evaluation of unidirectional lateral transshipments and substitutions in inventory systems.
• Management of Multi-Item Retail Inventory Systems with Demand Substitution
• Modeling emergency supply flexibility in a two-echelon inventory system
• Modelling Emergency Lateral Transshipments in Inventory Systems
• Random yield and random demand in a production system with downward substitution
• Sharing and lateral transshipment of inventory in a supply chain with expensive low-demand items
• Single-period multiproduct inventory models with substitution
• Stocking Retail Assortments Under Dynamic Consumer Substitution
• Stocking decisions for low-usage items in a multilocation inventory system

Cited in

(8)

• Evaluation of unidirectional lateral transshipments and substitutions in inventory systems.
• Managing inventories with one-way substitution: a newsvendor analysis
• Spare parts inventory management with substitution-dependent reliability
• Efficient reformulations for dynamic lot-sizing problems with product substitution
• A parts selection model with one-way substitution
• A classification of the literature on the planning of substitutable products
• Pooling through lateral transshipments in service parts systems
• Approximate evaluation of multi-location inventory models with lateral transshipments and hold back levels

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