Skip to main content

Inventory Models with Two Consecutive Delivery Modes and Fixed Cost

  • Chapter
  • 2453 Accesses

Part of the book series: International Series in Operations Research & Management Science ((ISOR,volume 81))

This is a preview of subscription content, log in via an institution.

Buying options

Chapter
USD   29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD   84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD   119.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD   109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Learn about institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. D. Barnes-Schuster, Y. Bassok, and R. Anupindi. Coordination and flexibility in supply contracts with options. Manufacturing and Service Operations Management, 4:171–207, 2002.

    Article  Google Scholar 

  2. A. Bensoussan, M. Crouhy, and J.M. Proth. Mathematical Theory of Production Planning. North-Holland, Amsterdam, the Netherlands, 1983.

    Google Scholar 

  3. D. Beyer, S. Sethi, and M. Taksar. Inventory models with Markovian demands and cost functions of polynomial growth. Journal of Optimization Theory and Applications, 98:281–323, 1998.

    Article  MathSciNet  Google Scholar 

  4. A.O. Brown and H.L. Lee. Optimal pay-to-delay capacity reservation with application to the semiconductor industry. Working Paper, Stanford University, Stanford, CA, 1997.

    Google Scholar 

  5. K.L. Donohue. Efficient supply contracts for fashion goods with forecast updating and two production modes. Management Science, 46:1397–1411, 2000.

    Article  Google Scholar 

  6. Y. Feng and B. Xiao. A new algorithm for computing optimal (s, S) policies in a stochastic single item/location inventory system. HE Transactions, 32:1081–1090, 2000.

    MathSciNet  Google Scholar 

  7. G. Gallego and Ö. Özer. Integrating replenishment decisions with advance-demand information. Management Science, 47:1344–1360, 2001.

    Article  Google Scholar 

  8. H. Gurnani and C.S. Tang. Note: optimal ordering decisions with uncertain cost and demand forecast updating. Management Science, 45:1456–1462, 1999.

    Article  Google Scholar 

  9. W.H. Hausman, H.L. Lee, and V.L. Zhang. Optimal ordering for an inventory system with dual lead times. Working Paper, Stanford University, Stanford, CA, 1993.

    Google Scholar 

  10. H.Y. Huang, S.P. Sethi, and H. Yan. Purchase contract management with demand forecast updates. HE Transactions, to appear.

    Google Scholar 

  11. A.M. Law and W.D. Kelton. Simulation Modeling and Analysis. McGraw-Hill, New York, 2000.

    Google Scholar 

  12. S. Ross. Stochastic Processes. John Wiley, New York, 1983.

    Google Scholar 

  13. H. Scarf. The optimality of (s, S) policies in the dynamic inventory problem, Chapter 13 in Arrow, K.J., Karlin S. and P. Suppes (editors), Mathematical Methods in Social Sciences. Stanford University Press, Stanford, CA, 1960.

    Google Scholar 

  14. A. Scheller-Wolf and S. Tayur. A Markovian dual-source production-inventory model with order bands. Working Paper, Carnegie Mellon University, Pittsburgh, PA, 1998.

    Google Scholar 

  15. S.P. Sethi and F. Cheng. Optimality of (s, S) policies in inventory models with Markovian demand. Operations Research, 45:931–939, 1997.

    Article  MathSciNet  ADS  Google Scholar 

  16. S.P. Sethi, H. Yan, and H. Zhang. Inventory models with fixed costs, forecast updates, and two delivery modes. Operations Research, 51:321–328, 2003.

    Article  MathSciNet  Google Scholar 

  17. M. Shaked and J.G. Shanthikumar. Stochastic Orders and Their Applications, Academic Press, New York, 1994.

    Google Scholar 

  18. J. Song and P. Zipkin. Inventory control in a fluctuating demand environment. Operations Research, 41:351–370, 1993.

    Article  Google Scholar 

  19. L.B. Toktay and L. Wein. Analysis of a forecasting-production-inventory system with stationary demand. Management Science, 47:1268–1281, 2001.

    Article  Google Scholar 

  20. H. Yan, K. Liu, and A. Hsu. Optimal ordering in a dual-supplier system with demand forecast updates. Production and Operations Management, 12:30–45, 2003.

    Article  Google Scholar 

  21. Y.S. Zheng and A. Federgruen. Finding optimal (s,S) policies is about as simple as evaluating a single policy. Operations Research, 39:654–665, 1991.

    Article  Google Scholar 

Download references

Rights and permissions

Reprints and permissions

Copyright information

© 2005 Springer Science+Business Media, Inc.

About this chapter

Cite this chapter

(2005). Inventory Models with Two Consecutive Delivery Modes and Fixed Cost. In: Inventory and Supply Chain Management with Forecast Updates. International Series in Operations Research & Management Science, vol 81. Springer, Boston, MA. https://doi.org/10.1007/0-387-25663-6_4

Download citation

Publish with us

Policies and ethics