Minimizing holding and ordering costs subject to a bound on backorders is as easy as solving a single backorder cost model

被引:9
作者
Boyaci, T
Gallego, G
机构
[1] McGill Univ, Fac Management, Montreal, PQ H3A 1G5, Canada
[2] Columbia Univ, Dept IE&OR, New York, NY 10027 USA
关键词
stochastic inventory; service measures; expected back-orders; waiting times;
D O I
10.1016/S0167-6377(01)00095-5
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
Minimizing average ordering and holding cost subject to a constraint on expected backorders has required to iteratively solve the backorder cost model with different backorder penalty rates until the constraint is satisfied. Here we present a direct approach, that is as simple as solving a single backorder cost model. (C) 2001 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:187 / 192
页数:6
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