Sciweavers

7 search results - page 1 / 2
» Optimal Inventory Policies when Purchase Price and Demand Ar...
Sort
View
IOR
2011
220views more  IOR 2011»
12 years 11 months ago
Optimal Inventory Policies when Purchase Price and Demand Are Stochastic
In this paper we consider the problem of a firm that faces a stochastic (Poisson) demand and must replenish from a market in which prices fluctuate, such as a commodity market. ...
Peter Berling, Victor Martínez-de-Alb&eacut...
CDC
2010
IEEE
112views Control Systems» more  CDC 2010»
12 years 11 months ago
Dynamic product assembly and inventory control for maximum profit
We consider a manufacturing plant that purchases raw materials for product assembly and then sells the final products to customers. There are M types of raw materials and K types o...
Michael J. Neely, Longbo Huang
TASE
2011
IEEE
12 years 11 months ago
Dynamic Pricing and Inventory Control in a Make-to-Stock Queue With Information on the Production Status
: This paper addresses the dynamic pricing problem of a single-item, make-to-stock production system. Demand arrives according to Poisson processes with changeable arrival rate dep...
Liuxin Chen, Youhua Chen, Zhan Pang
IOR
2010
112views more  IOR 2010»
13 years 3 months ago
New Policies for the Stochastic Inventory Control Problem with Two Supply Sources
We study an inventory system under periodic review in the presence of two suppliers (or delivery modes). The emergency supplier has a shorter lead-time than the regular supplier, ...
Anshul Sheopuri, Ganesh Janakiraman, Sridhar Sesha...
IOR
2008
137views more  IOR 2008»
13 years 4 months ago
Optimal Joint Inventory and Transshipment Control Under Uncertain Capacity
In this paper, we address the optimal joint control of inventory and transshipment for a firm that produces in two locations and faces capacity uncertainty. Capacity uncertainty (...
Xinxin Hu, Izak Duenyas, Roman Kapuscinski