Optimal ordering policies with convertible lead times

European Journal of Operational Research

Volumn 176, Issue 2, 2007, Pages 892-910

  Gallego, Guillermo ^a   Jin, Yue ^b   Muriel, Ana ^b,c   Zhang, Ge ^a   Yildiz, V Taylan ^b  

^a Och Spine at New York Presbyterian Hospitals   (United States)

^b University of Massachusetts   (United States)

^c UNIVERSITY OF SALAMANCA   (Spain)

Author keywords

Dual supply modes; Dynamic programming; Emergency orders; Expediting; Inventory

Indexed keywords

DUAL SUPPLY MODES; EMERGENCY ORDERS; EXPEDITING; LEAD TIMES;

COSTS; DYNAMIC PROGRAMMING; INDUSTRIAL MANAGEMENT; INVENTORY CONTROL; OPERATIONS RESEARCH; OUTSOURCING; PURCHASING;

PUBLIC POLICY;

EID: 33749622812     PISSN: 03772217     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ejor.2005.08.014     Document Type: Article

References (18)

1. Arslan H., Ayhan H., and Olsen T.V. Analytic models for when and how to expedite in make-to-order systems. IIE Trans. 33 (2001) 1019-1029
2. Barankin E.W. A delivery-lag inventory model with an emergency provision. Naval Res. Logis. Quart. 8 (1961) 285-311
3. Bradley J. A Brownian approximation of a production-inventory system with a manufacturer that subcontracts. Oper. Res. 52 5 (2004) 765-784
4. Bulinskaya E. Some results concerning optimal inventory policies. Theory Prob. Appl. 9 (1964) 502-507
5. Daniel K.H. A deliver-lag inventory system with emergency. In: Scarf H.E., Gilford D.M., and Shelly M.W. (Eds). Multistage Inventory Models and Techniques (Chapter 2) (1962), Stanford University Press, Stanford, CA 85-115
6. Fukuda Y. Optimal policy for the inventory problem with negotiable leadtime. Manage. Sci. 10 (1964) 690-708
7. Gallego, G., Ying, J., Katircioglu, K., Leung, Y.T., 2000. When to Share Demand Information in a Simple Supply Chain. Working paper, Columbia University.
8. Gallego, G., Muriel, A., Yildiz, V.T., 2004. Myopic Policies in Continuous Inventory Systems with Emergency Orders. Technical Report, University of Massachusetts Amherst.
9. Katircioglu, K., 1996. Essays in Inventory Control, Thesis (Chapter 3, pp. 70-105), University of British Columbia, Faculty of Commerce and Business.
10. Liberatore M.J. The EOQ model under stochastic lead time. Oper. Res. 27 (1979) 391-396
11. Moinzadeh K., and Nahmias S. A continuous review model for an inventory system with two supply modes. Manage. Sci. 34 (1988) 761-773
12. Moinzadeh K., and Schmidt C. An (S - 1, S) inventory system with emergency orders. Oper. Res. 39 (1991) 308-321
13. Tagaras G., and Vlachos D. A periodic review inventory system with emergency replenishments. Manage. Sci. 47 (2001) 415-429
14. Teunter R., and Vlachos D. An inventory system with periodic regular review and flexible emergency review. IIE Trans. 33 (2001) 625-635
15. Veinott Jr. A.F. The status of mathematical inventory theory. Manage. Sci. 12 (1966) 745-777
16. Wang Y., Cohen M.A., and Zheng Y.S. Differentiating customer service on the basis of delivery lead-times. IIE Trans. 34 (2002) 979-989
17. Washburn, A.R., 1973. A Bi-Modal Inventory Study with Random Lead Times. NTIS Report No. AD 769404, Naval Postgraduate School Monterey, CA, September 1973.
18. Whittmore A.S., and Saunders S. Optimal inventory under stochastic demand with two supply options. SIAM J. Appl. Math. 32 (1977) 293-305