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The infinite horizon non-stationary stochastic multi-echelon inventory problem and near-myopic policies

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  • Iida, Tetsuo
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    Article provided by Elsevier in its journal European Journal of Operational Research.

    Volume (Year): 134 (2001)
    Issue (Month): 3 (November)
    Pages: 525-539

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    Handle: RePEc:eee:ejores:v:134:y:2001:i:3:p:525-539

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    1. Iida, Tetsuo, 1999. "The infinite horizon non-stationary stochastic inventory problem: Near myopic policies and weak ergodicity," European Journal of Operational Research, Elsevier, vol. 116(2), pages 405-422, July.
    2. Andrew J. Clark & Herbert Scarf, 2004. "Optimal Policies for a Multi-Echelon Inventory Problem," Management Science, INFORMS, vol. 50(12_supple), pages 1782-1790, December.
    3. Dieter Hochstaedter, 1970. "An Approximation of the Cost Function for Multi-Echelon Inventory Model," Management Science, INFORMS, vol. 16(11), pages 716-727, July.
    4. Thomas E. Morton, 1978. "The Nonstationary Infinite Horizon Inventory Problem," Management Science, INFORMS, vol. 24(14), pages 1474-1482, October.
    5. Ravi Anupindi & Thomas E. Morton & David Pentico, 1996. "The Nonstationary Stochastic Lead-Time Inventory Problem: Near-Myopic Bounds, Heuristics, and Testing," Management Science, INFORMS, vol. 42(1), pages 124-129, January.
    6. Samuel Karlin, 1960. "Dynamic Inventory Policy with Varying Stochastic Demands," Management Science, INFORMS, vol. 6(3), pages 231-258, April.
    7. Edward Ignall & Arthur F. Veinott, Jr., 1969. "Optimality of Myopic Inventory Policies for Several Substitute Products," Management Science, INFORMS, vol. 15(5), pages 284-304, January.
    8. Awi Federgruen & Paul Zipkin, 1984. "Approximations of Dynamic, Multilocation Production and Inventory Problems," Management Science, INFORMS, vol. 30(1), pages 69-84, January.
    9. Fangruo Chen & Yu-Sheng Zheng, 1994. "Lower Bounds for Multi-Echelon Stochastic Inventory Systems," Management Science, INFORMS, vol. 40(11), pages 1426-1443, November.
    10. Paul Zipkin, 1989. "Critical Number Policies for Inventory Models with Periodic Data," Management Science, INFORMS, vol. 35(1), pages 71-80, January.
    11. Thomas E. Morton & David W. Pentico, 1995. "The Finite Horizon Nonstationary Stochastic Inventory Problem: Near-Myopic Bounds, Heuristics, Testing," Management Science, INFORMS, vol. 41(2), pages 334-343, February.
    12. van Houtum, G. J. & Zijm, W. H. M., 1991. "Computational procedures for stochastic multi-echelon production systems," International Journal of Production Economics, Elsevier, vol. 23(1-3), pages 223-237, October.
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    Cited by:
    1. Rau, Hsin & Wu, Mei-Ying & Wee, Hui-Ming, 2003. "Integrated inventory model for deteriorating items under a multi-echelon supply chain environment," International Journal of Production Economics, Elsevier, vol. 86(2), pages 155-168, November.
    2. Cheaitou, Ali & van Delft, Christian, 2013. "Finite horizon stochastic inventory problem with dual sourcing: Near myopic and heuristics bounds," International Journal of Production Economics, Elsevier, vol. 143(2), pages 371-378.
    3. Pal, Brojeswar & Sana, Shib Sankar & Chaudhuri, Kripasindhu, 2012. "A multi-echelon supply chain model for reworkable items in multiple-markets with supply disruption," Economic Modelling, Elsevier, vol. 29(5), pages 1891-1898.

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