Inventory models with fixed costs, forecast updates, and two delivery modes

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	Inventory models with fixed costs, forecast updates, and two delivery modes
	Sethi, SP ; Yan, HM ; Zhang, HQ
	2003-03-01
发表期刊	OPERATIONS RESEARCH
ISSN	0030-364X
卷号	51 期号:2 页码:321-328
摘要	This paper is concerned with a periodic review inventory system with fast and slow delivery modes, fixed ordering cost, 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 period and at the end of the next period, respectively. A forecast-update-dependent (s, S)-type policy is shown to be optimal. Also shown are some monotonicity properties of the policy parameters with respect to the costs and information updates.
语种	英语
WOS研究方向	Business & Economics ; Operations Research & Management Science
WOS类目	Management ; Operations Research & Management Science
WOS记录号	WOS:000182054000011
出版者	INST OPERATIONS RESEARCH MANAGEMENT SCIENCES
引用统计
文献类型	期刊论文
条目标识符	http://ir.amss.ac.cn/handle/2S8OKBNM/18786
专题	应用数学研究所
通讯作者	Sethi, SP
作者单位	1.Univ Texas, Sch Management, Richardson, TX 75083 USA 2.Acad Sinica, Inst Appl Math, Beijing 100080, Peoples R China
推荐引用方式 GB/T 7714	Sethi, SP,Yan, HM,Zhang, HQ. Inventory models with fixed costs, forecast updates, and two delivery modes[J]. OPERATIONS RESEARCH,2003,51(2):321-328.
APA	Sethi, SP,Yan, HM,&Zhang, HQ.(2003).Inventory models with fixed costs, forecast updates, and two delivery modes.OPERATIONS RESEARCH,51(2),321-328.
MLA	Sethi, SP,et al."Inventory models with fixed costs, forecast updates, and two delivery modes".OPERATIONS RESEARCH 51.2(2003):321-328.