Peeling layers of an onion: Inventory model with multiple delivery modes and forecast updates

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	Peeling layers of an onion: Inventory model with multiple delivery modes and forecast updates
	Sethi, SP ; Yan, H ; Zhang, H
	2001-02-01
发表期刊	JOURNAL OF OPTIMIZATION THEORY AND APPLICATIONS
ISSN	0022-3239
卷号	108 期号:2 页码:253-281
摘要	This paper is concerned with a periodic review inventory system with fast and slow delivery modes and regular demand forecast updates. At the beginning of each period, on-hand inventory and demand information are updated. At the same time, decisions on how much to order using fast and slow delivery modes are made. Fast and slow orders are delivered at the end of the current and the next periods, respectively. It is shown that there exists an optimal Markov policy and that it is a modified base-stock policy.
关键词	forecast revisions inventory models with multiple delivery modes stochastic optimization base-stock policy
语种	英语
WOS研究方向	Operations Research & Management Science ; Mathematics
WOS类目	Operations Research & Management Science ; Mathematics, Applied
WOS记录号	WOS:000168346100002
出版者	KLUWER ACADEMIC/PLENUM PUBL
引用统计
文献类型	期刊论文
条目标识符	http://ir.amss.ac.cn/handle/2S8OKBNM/15860
专题	中国科学院数学与系统科学研究院
通讯作者	Sethi, SP
作者单位	1.Univ Texas, Sch Management, Richardson, TX 75080 USA 2.Chinese Univ Hong Kong, Dept Syst Engn & Engn Management, Shatin, Hong Kong, Peoples R China 3.Acad Sinica, Inst Appl Math, Beijing 100080, Peoples R China
推荐引用方式 GB/T 7714	Sethi, SP,Yan, H,Zhang, H. Peeling layers of an onion: Inventory model with multiple delivery modes and forecast updates[J]. JOURNAL OF OPTIMIZATION THEORY AND APPLICATIONS,2001,108(2):253-281.
APA	Sethi, SP,Yan, H,&Zhang, H.(2001).Peeling layers of an onion: Inventory model with multiple delivery modes and forecast updates.JOURNAL OF OPTIMIZATION THEORY AND APPLICATIONS,108(2),253-281.
MLA	Sethi, SP,et al."Peeling layers of an onion: Inventory model with multiple delivery modes and forecast updates".JOURNAL OF OPTIMIZATION THEORY AND APPLICATIONS 108.2(2001):253-281.