Are base-stock policies optimal in inventory problems with multiple delivery modes?

被引:58
作者
Feng, Qi [1 ]
Sethi, Suresh P.
Yan, Houmin
Zhang, Hanqin
机构
[1] Univ Texas, Sch Management, Richardson, TX 75083 USA
[2] Univ Texas, Sch Management, Richardson, TX 75083 USA
[3] Chinese Univ Hong Kong, Dept Syst Engn & Engn Management, Shatin, Hong Kong, Peoples R China
[4] Acad Sinica, Acad Math & Syst Sci, Beijing 100080, Peoples R China
关键词
Base-stock policies; Inventory/production: uncertainty; Multiple delivery modes;
D O I
10.1287/opre.1050.0271
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
We present a periodic review inventory model with multiple delivery modes. While base-stock policies are optimal for one or two consecutive delivery modes, they are not so otherwise. For multiple consecutive delivery modes, we show that only the fastest two modes have optimal base stocks, and provide a simple counterexample to show that the remaining ones do not. We investigate why the base-stock policy is or is not optimal in different situations. This note is an abridged version of Feng et al. (2006).
引用
收藏
页码:801 / 807
页数:7
相关论文
共 10 条
[1]   Periodic-review inventory model with three consecutive delivery modes and forecast updates [J].
Feng, Q ;
Gallego, G ;
Sethi, SP ;
Yan, H ;
Zhang, H .
JOURNAL OF OPTIMIZATION THEORY AND APPLICATIONS, 2005, 124 (01) :137-155
[2]  
Feng Q, 2006, J IND MANAG OPTIM, V2, P19
[3]   OPTIMAL POLICIES FOR THE INVENTORY PROBLEM WITH NEGOTIABLE LEADTIME [J].
FUKUDA, Y .
MANAGEMENT SCIENCE, 1964, 10 (04) :690-708
[4]   Multistage inventory management with expediting [J].
Lawson, DG ;
Porteus, EL .
OPERATIONS RESEARCH, 2000, 48 (06) :878-893
[5]  
Muharremoglu A., 2003, DYNAMIC LEADTIME MAN
[6]  
NEUTS MF, 1964, SIAM J APPL MATH, V12, P179
[7]   Peeling layers of an onion: Inventory model with multiple delivery modes and forecast updates [J].
Sethi, SP ;
Yan, H ;
Zhang, H .
JOURNAL OF OPTIMIZATION THEORY AND APPLICATIONS, 2001, 108 (02) :253-281
[8]   OPTIMAL INVENTORY UNDER STOCHASTIC DEMAND WITH 2 SUPPLY OPTIONS [J].
WHITTEMORE, AS ;
SAUNDERS, SC .
SIAM JOURNAL ON APPLIED MATHEMATICS, 1977, 32 (02) :293-305
[9]  
Zhang VL, 1996, NAV RES LOG, V43, P691, DOI 10.1002/(SICI)1520-6750(199608)43:5<691::AID-NAV6>3.0.CO
[10]  
2-0