A note on optimal policies for a periodic inventory system with emergency orders

被引:21
作者
Chiang, C [1 ]
机构
[1] Natl Chiao Tung Univ, Dept Management Sci, Hsinchu, Taiwan
关键词
inventory model; periodic review; dynamic programming; optimization;
D O I
10.1016/S0305-0548(99)00092-1
中图分类号
TP39 [计算机的应用];
学科分类号
081203 ; 0835 ;
摘要
In this article, we develop a dynamic programming model for a periodic review inventory system in which emergency orders can be placed at the start of each period, while regular orders are placed at the beginning of an order cycle (which consists of a number of periods). We assume that the regular and emergency supply lead times differ by one period. We devise a simple algorithm of computing the optimal policy parameters. Thus, the ordering policy developed is easy to implement.
引用
收藏
页码:93 / 103
页数:11
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