Abstract | ||
---|---|---|
A periodic review inventory system serves two demand classes with different priorities. Unsatisfied demands in the high-priority class are lost, whereas those in the low-priority class are backlogged. We formulate the problem as a dynamic programming model and characterize the structure of the optimal replenishment policy. |
Year | DOI | Venue |
---|---|---|
2010 | 10.1016/j.orl.2010.03.006 | Oper. Res. Lett. |
Keywords | Field | DocType |
high-priority class,dynamic programming model,two-demand-class inventory system,optimal replenishment policy,low-priority class,different priority,periodic review inventory system,inventory,demand class,priority,backorder,unsatisfied demand,lost-sales | Dynamic programming,Mathematical optimization,Operations research,Inventory control,Lost sales,Inventory system,Mathematics | Journal |
Volume | Issue | ISSN |
38 | 4 | Operations Research Letters |
Citations | PageRank | References |
4 | 0.48 | 10 |
Authors | ||
2 |
Name | Order | Citations | PageRank |
---|---|---|---|
Yun Zhou | 1 | 52 | 7.80 |
Xiaobo Zhao | 2 | 117 | 16.07 |