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» A Single-Product Inventory Model for Multiple Demand Classes
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MANSCI
2007
48views more  MANSCI 2007»
13 years 5 months ago
A Single-Product Inventory Model for Multiple Demand Classes
Hasan Arslan, Stephen C. Graves, Thomas A. Roemer
CORR
2011
Springer
209views Education» more  CORR 2011»
12 years 9 months ago
Close the Gaps: A Learning-while-Doing Algorithm for a Class of Single-Product Revenue Management Problems
In this work, we consider a retailer selling a single product with limited on-hand inventory over a finite selling season. Customer demand arrives according to a Poisson process,...
Zizhuo Wang, Shiming Deng, Yinyu Ye
CSCLP
2006
Springer
13 years 9 months ago
Cost-Based Filtering for Stochastic Inventory Control
Abstract. An interesting class of production/inventory control problems considers a single product and a single stocking location, given a stochastic demand with a known non-statio...
Armagan Tarim, Brahim Hnich, Roberto Rossi, Steven...
ORL
2010
167views more  ORL 2010»
13 years 10 days ago
An embedded Markov chain approach to stock rationing
Rationing is an inventory policy that allows prioritization of demand classes. It enables the inventory system to provide higher service levels for critical demand classes. In thi...
Mehmet Murat Fadiloglu, Önder Bulut
EOR
2006
81views more  EOR 2006»
13 years 5 months ago
Optimal and near-optimal policies for lost sales inventory models with at most one replenishment order outstanding
In this paper we use policy-iteration to explore the behaviour of optimal control policies for lost sales inventory models with the constraint that not more than one replenishment...
Roger M. Hill, Søren Glud Johansen