IDEAS home Printed from https://ideas.repec.org/a/eee/ejores/v166y2005i2p385-405.html
   My bibliography  Save this article

Analysis of optimal opportunistic replenishment policies for inventory systems by using a (s,S) model with a maximum issue quantity restriction

Author

Listed:
  • Mak, K. L.
  • Lai, K. K.
  • Ng, W. C.
  • Yiu, K. F. C.

Abstract

No abstract is available for this item.

Suggested Citation

  • Mak, K. L. & Lai, K. K. & Ng, W. C. & Yiu, K. F. C., 2005. "Analysis of optimal opportunistic replenishment policies for inventory systems by using a (s,S) model with a maximum issue quantity restriction," European Journal of Operational Research, Elsevier, vol. 166(2), pages 385-405, October.
  • Handle: RePEc:eee:ejores:v:166:y:2005:i:2:p:385-405
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0377-2217(04)00278-4
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Matz, Aw, 1983. "The shop counter maximum issue problem," Omega, Elsevier, vol. 11(1), pages 75-79.
    2. Blyth C. Archibald & Edward A. Silver, 1978. "(s, S) Policies Under Continuous Review and Discrete Compound Poisson Demand," Management Science, INFORMS, vol. 24(9), pages 899-909, May.
    3. Vereecke, Ann & Verstraeten, Peter, 1994. "An inventory management model for an inventory consisting of lumpy items, slow movers and fast movers," International Journal of Production Economics, Elsevier, vol. 35(1-3), pages 379-389, June.
    4. J. B. Ward, 1978. "Determining Reorder Points When Demand is Lumpy," Management Science, INFORMS, vol. 24(6), pages 623-632, February.
    5. W. Popp, 1965. "Simple And Combined Inventory Policies, Production to Stock or to Order?," Management Science, INFORMS, vol. 11(9), pages 868-873, July.
    6. Wildeman, R.E. & Frenk, J.B.G. & Dekker, R., 1997. "An efficient optimal solution method for the joint replenishment problem," European Journal of Operational Research, Elsevier, vol. 99(2), pages 433-444, June.
    7. Yu-Sheng Zheng & A. Federgruen, 1991. "Finding Optimal (s, S) Policies Is About As Simple As Evaluating a Single Policy," Operations Research, INFORMS, vol. 39(4), pages 654-665, August.
    8. Daellenbach, H. G., 1979. "A family of inventory models with demand met either from stock or by special production runs," Engineering and Process Economics, Elsevier, vol. 4(2-3), pages 141-146, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hollier, R. H. & Mak, K. L. & Lam, C. L., 1996. "An inventory model for items with demands satisfied from stock or by special deliveries," International Journal of Production Economics, Elsevier, vol. 42(3), pages 229-236, April.
    2. Banerjee, Avijit & Burton, Jonathan & Banerjee, Snehamay, 1996. "Heuristic production triggering mechanisms under discrete unequal inventory withdrawals," International Journal of Production Economics, Elsevier, vol. 45(1-3), pages 83-90, August.
    3. Banerjee, Snehamay & Banerjee, Avijit & Burton, Jonathan & Bistline, William, 2001. "Controlled partial shipments in two-echelon supply chain networks: a simulation study," International Journal of Production Economics, Elsevier, vol. 71(1-3), pages 91-100, May.
    4. Prak, Dennis & Teunter, Ruud & Babai, Mohamed Zied & Boylan, John E. & Syntetos, Aris, 2021. "Robust compound Poisson parameter estimation for inventory control," Omega, Elsevier, vol. 104(C).
    5. Prak, Derk & Teunter, Rudolf & Babai, M. Z. & Syntetos, A. A. & Boylan, D, 2018. "Forecasting and Inventory Control with Compound Poisson Demand Using Periodic Demand Data," Research Report 2018010, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    6. Sandun C. Perera & Suresh P. Sethi, 2023. "A survey of stochastic inventory models with fixed costs: Optimality of (s, S) and (s, S)‐type policies—Continuous‐time case," Production and Operations Management, Production and Operations Management Society, vol. 32(1), pages 154-169, January.
    7. Kaj Rosling, 2002. "Inventory Cost Rate Functions with Nonlinear Shortage Costs," Operations Research, INFORMS, vol. 50(6), pages 1007-1017, December.
    8. R. Dekker & J.B.G. Frenk & M.J. Kleijn & A.G. de Kok, 1997. "On the Newsboy Model with a Cutoff Transaction Size," Tinbergen Institute Discussion Papers 97-113/4, Tinbergen Institute.
    9. Chew, Ek Peng & Tang, Loon Ching, 1995. "Warehouse-retailer system with stochastic demands -- Non-identical retailer case," European Journal of Operational Research, Elsevier, vol. 82(1), pages 98-110, April.
    10. Bartezzaghi, Emilio & Verganti, Roberto & Zotteri, Giulio, 1999. "Measuring the impact of asymmetric demand distributions on inventories," International Journal of Production Economics, Elsevier, vol. 60(1), pages 395-404, April.
    11. Lengu, D. & Syntetos, A.A. & Babai, M.Z., 2014. "Spare parts management: Linking distributional assumptions to demand classification," European Journal of Operational Research, Elsevier, vol. 235(3), pages 624-635.
    12. Larsen, Christian, 2009. "The Q(s,S) control policy for the joint replenishment problem extended to the case of correlation among item-demands," International Journal of Production Economics, Elsevier, vol. 118(1), pages 292-297, March.
    13. Khouja, Moutaz & Goyal, Suresh, 2008. "A review of the joint replenishment problem literature: 1989-2005," European Journal of Operational Research, Elsevier, vol. 186(1), pages 1-16, April.
    14. Xiang, Mengyuan & Rossi, Roberto & Martin-Barragan, Belen & Tarim, S. Armagan, 2018. "Computing non-stationary (s, S) policies using mixed integer linear programming," European Journal of Operational Research, Elsevier, vol. 271(2), pages 490-500.
    15. Syntetos, Aris A. & Boylan, John E., 2006. "On the stock control performance of intermittent demand estimators," International Journal of Production Economics, Elsevier, vol. 103(1), pages 36-47, September.
    16. Nielsen, Christina & Larsen, Christian, 2005. "An analytical study of the Q(s,S) policy applied to the joint replenishment problem," European Journal of Operational Research, Elsevier, vol. 163(3), pages 721-732, June.
    17. R H Teunter & L Duncan, 2009. "Forecasting intermittent demand: a comparative study," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 60(3), pages 321-329, March.
    18. Bacchetti, Andrea & Saccani, Nicola, 2012. "Spare parts classification and demand forecasting for stock control: Investigating the gap between research and practice," Omega, Elsevier, vol. 40(6), pages 722-737.
    19. Guillermo Gallego, 1998. "New Bounds and Heuristics for (Q, r) Policies," Management Science, INFORMS, vol. 44(2), pages 219-233, February.
    20. Tunc, Huseyin & Kilic, Onur A. & Tarim, S. Armagan & Eksioglu, Burak, 2011. "The cost of using stationary inventory policies when demand is non-stationary," Omega, Elsevier, vol. 39(4), pages 410-415, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ejores:v:166:y:2005:i:2:p:385-405. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eor .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.