Optimality of myopic ordering policies for inventory model with stochastic supply

Operations Research

Volumn 48, Issue 1, 2000, Pages 181-184

  Khang, Do Ba ^a   Fujiwara, Okitsugu ^a  

^a ASIAN INSTITUTE OF TECHNOLOGY   (Thailand)

Author keywords

[No Author keywords available]

Indexed keywords

DYNAMIC PROGRAMMING; INVENTORY CONTROL; MATHEMATICAL MODELS; PRODUCTION CONTROL; RANDOM PROCESSES;

MYOPIC ORDERING POLICIES; REPLENISHMENT ORDERS; STOCHASTIC SUPPLY; SUPPLY UNCERTAINTY;

OPERATIONS RESEARCH;

EID: 0033685135     PISSN: 0030364X     EISSN: None     Source Type: Journal    
DOI: 10.1287/opre.48.1.181.12442     Document Type: Article

References (9)

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3. Ciarallo, F., R. Akella, T. Motion. 1994. A periodic review production planning model with uncertain capacity and uncertain demand - optimality of extended myopic policies. Management Sci. 40 320-332.
4. Denardo, E. 1982. Dynamic Programming. Prentice-Hall, Englewood Cliffs, NJ.
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6. Henig, M., Y. Gerchak. 1990. The structure of periodic review policies in the presence of random yield. Oper. Res. 38(4) 634-643.
7. Heyman, D. P., M. J. Sobel. 1984. Stochastic Models in Operations Research, II. Stochastic Optimization. McGraw-Hill, New York.
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9. Wang, Y., Y. Gerchak. 1996. Periodic review production models with variable capacity, random yield, and uncertain demand. Management Sci. 42(1) 130-137.