Optimality and nonoptimality of the base-stock policy in inventory problems with multiple delivery modes

CORC > 数学与系统科学研究院 > 中国科学院数学与系统科学研究院 > 应用数学研究所

	Optimality and nonoptimality of the base-stock policy in inventory problems with multiple delivery modes
	Feng, Qi ; Sethi, Suresh P.; Yan, Houmin ; Zhang, Hanqin
刊名	JOURNAL OF INDUSTRIAL AND MANAGEMENT OPTIMIZATION
	2006-02-01
卷号	2 期号:1 页码:19-42
关键词	inventory base-stock policies multiple delivery modes
ISSN号	1547-5816
英文摘要	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.
WOS研究方向	Engineering ; Operations Research & Management Science ; Mathematics
语种	英语
出版者	AMER INST MATHEMATICAL SCIENCES
WOS记录号	WOS:000240983100002
内容类型	期刊论文
源URL	[http://ir.amss.ac.cn/handle/2S8OKBNM/3003]
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.