KMS Of Academy of mathematics and systems sciences, CAS
Optimality and nonoptimality of the base-stock policy in inventory problems with multiple delivery modes | |
Feng, Qi; Sethi, Suresh P.; Yan, Houmin; Zhang, Hanqin | |
2006-02-01 | |
发表期刊 | JOURNAL OF INDUSTRIAL AND MANAGEMENT OPTIMIZATION |
ISSN | 1547-5816 |
卷号 | 2期号:1页码:19-42 |
摘要 | We present a periodic review inventory model with multiple delivery modes. We generalize the notion of the base-stock policy for inventory systems with multiple delivery modes. While base-stock policies are optimal for one or two consecutive delivery modes, it is not so otherwise. For multiple consecutive delivery modes, we show that only the fastest two modes have optimal base stocks, and provide simple counterexamples to show that the remaining ones do not in general. We investigate why the base-stock policy is not optimal through detailed analyses of two numerical examples. |
关键词 | inventory base-stock policies multiple delivery modes |
语种 | 英语 |
WOS研究方向 | Engineering ; Operations Research & Management Science ; Mathematics |
WOS类目 | Engineering, Multidisciplinary ; Operations Research & Management Science ; Mathematics, Interdisciplinary Applications |
WOS记录号 | WOS:000240983100002 |
出版者 | AMER INST MATHEMATICAL 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/3004 |
专题 | 应用数学研究所 |
通讯作者 | Feng, Qi |
作者单位 | 1.Univ Texas, Sch Management, Richardson, TX 75083 USA 2.Chinese Univ Hong Kong, Dept Syst Engn & Engn Management, Shatin, Hong Kong, Peoples R China 3.Acad Sinica, Acad Math & Syst Sci, Inst Appl Math, Beijing 100080, Peoples R China |
推荐引用方式 GB/T 7714 | Feng, Qi,Sethi, Suresh P.,Yan, Houmin,et al. Optimality and nonoptimality of the base-stock policy in inventory problems with multiple delivery modes[J]. JOURNAL OF INDUSTRIAL AND MANAGEMENT OPTIMIZATION,2006,2(1):19-42. |
APA | Feng, Qi,Sethi, Suresh P.,Yan, Houmin,&Zhang, Hanqin.(2006).Optimality and nonoptimality of the base-stock policy in inventory problems with multiple delivery modes.JOURNAL OF INDUSTRIAL AND MANAGEMENT OPTIMIZATION,2(1),19-42. |
MLA | Feng, Qi,et al."Optimality and nonoptimality of the base-stock policy in inventory problems with multiple delivery modes".JOURNAL OF INDUSTRIAL AND MANAGEMENT OPTIMIZATION 2.1(2006):19-42. |
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