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Inventory systems with stochastic demand and supply: Properties and approximations

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Cited by:

  1. Ali Khaleel Dhaiban, 2022. "Two models of inventory system with stochastic demand and deteriorating items: case study of a local cheese factory," OPSEARCH, Springer;Operational Research Society of India, vol. 59(1), pages 78-101, March.
  2. Rezapour, Shabnam & Srinivasan, Ramakrishnan & Tew, Jeffrey & Allen, Janet K. & Mistree, Farrokh, 2018. "Correlation between strategic and operational risk mitigation strategies in supply networks," International Journal of Production Economics, Elsevier, vol. 201(C), pages 225-248.
  3. Arreola-Risa, Antonio & Giménez-García, Víctor M. & Martínez-Parra, José Luis, 2011. "Optimizing stochastic production-inventory systems: A heuristic based on simulation and regression analysis," European Journal of Operational Research, Elsevier, vol. 213(1), pages 107-118, August.
  4. Tang, Christopher S. & Davarzani, Hoda & Sarkis, Joseph, 2015. "Quantitative models for managing supply chain risks: A reviewAuthor-Name: Fahimnia, Behnam," European Journal of Operational Research, Elsevier, vol. 247(1), pages 1-15.
  5. Rezapour, Shabnam & Allen, Janet K. & Mistree, Farrokh, 2015. "Uncertainty propagation in a supply chain or supply network," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 73(C), pages 185-206.
  6. Ying Wu & Haiyan Li & Qinglong Gou & Jibao Gu, 2017. "Supply chain models with corporate social responsibility," International Journal of Production Research, Taylor & Francis Journals, vol. 55(22), pages 6732-6759, November.
  7. Panos Kouvelis & Danko Turcic & Wenhui Zhao, 2018. "Supply Chain Contracting in Environments with Volatile Input Prices and Frictions," Manufacturing & Service Operations Management, INFORMS, vol. 20(1), pages 130-146, February.
  8. Taleizadeh, Ata Allah & Tafakkori, Keivan & Thaichon, Park, 2021. "Resilience toward supply disruptions: A stochastic inventory control model with partial backordering under the base stock policy," Journal of Retailing and Consumer Services, Elsevier, vol. 58(C).
  9. Xiao, Li & Wang, Ce, 2023. "Multi-location newsvendor problem with random yield: Centralization versus decentralization," Omega, Elsevier, vol. 116(C).
  10. Panos Kouvelis & Danko Turcic, 2021. "Supporting Operations with Financial Hedging: Cash Hedging Vs. Cost Hedging in an Automotive Industry," Production and Operations Management, Production and Operations Management Society, vol. 30(3), pages 738-749, March.
  11. Schmitt, Amanda J., 2011. "Strategies for customer service level protection under multi-echelon supply chain disruption risk," Transportation Research Part B: Methodological, Elsevier, vol. 45(8), pages 1266-1283, September.
  12. Snyder, Lawrence V., 2014. "A tight approximation for an EOQ model with supply disruptions," International Journal of Production Economics, Elsevier, vol. 155(C), pages 91-108.
  13. Masih-Tehrani, Behdad & Xu, Susan H. & Kumara, Soundar & Li, Haijun, 2011. "A single-period analysis of a two-echelon inventory system with dependent supply uncertainty," Transportation Research Part B: Methodological, Elsevier, vol. 45(8), pages 1128-1151, September.
  14. Hishamuddin, H. & Sarker, R.A. & Essam, D., 2012. "A disruption recovery model for a single stage production-inventory system," European Journal of Operational Research, Elsevier, vol. 222(3), pages 464-473.
  15. Shao, Xiao-Feng, 2012. "Demand-side reactive strategies for supply disruptions in a multiple-product system," International Journal of Production Economics, Elsevier, vol. 136(1), pages 241-252.
  16. Ross, Anthony & Khajehnezhad, Milad & Otieno, Wilkistar & Aydas, Osman, 2017. "Integrated location-inventory modelling under forward and reverse product flows in the used merchandise retail sector: A multi-echelon formulation," European Journal of Operational Research, Elsevier, vol. 259(2), pages 664-676.
  17. Deshpande, Paras & Shukla, Deepak & Tiwari, M.K., 2011. "Fuzzy goal programming for inventory management: A bacterial foraging approach," European Journal of Operational Research, Elsevier, vol. 212(2), pages 325-336, July.
  18. Hong, Yoo Suk & Huh, Woonghee Tim & Kang, Changmuk, 2017. "Sourcing assemble-to-order inventories under supplier risk uncertainty," Omega, Elsevier, vol. 66(PA), pages 1-14.
  19. Begen, Mehmet A. & Pun, Hubert & Yan, Xinghao, 2016. "Supply and demand uncertainty reduction efforts and cost comparison," International Journal of Production Economics, Elsevier, vol. 180(C), pages 125-134.
  20. Liu, Zhongyi & Li, Mengyu & Lei, Ying & Zhai, Xin, 2022. "A joint strategy based on ordering and insurance for mitigating the effects of supply chain disruption on risk-averse firms," International Journal of Production Economics, Elsevier, vol. 244(C).
  21. Cai, Jianhu & Zhong, Man & Shang, Jennifer & Huang, Weilai, 2017. "Coordinating VMI supply chain under yield uncertainty: Option contract, subsidy contract, and replenishment tactic," International Journal of Production Economics, Elsevier, vol. 185(C), pages 196-210.
  22. Baghalian, Atefeh & Rezapour, Shabnam & Farahani, Reza Zanjirani, 2013. "Robust supply chain network design with service level against disruptions and demand uncertainties: A real-life case," European Journal of Operational Research, Elsevier, vol. 227(1), pages 199-215.
  23. Paul, Sanjoy Kumar & Sarker, Ruhul & Essam, Daryl, 2014. "Real time disruption management for a two-stage batch production–inventory system with reliability considerations," European Journal of Operational Research, Elsevier, vol. 237(1), pages 113-128.
  24. Chen, Kebing & Xiao, Tiaojun, 2015. "Outsourcing strategy and production disruption of supply chain with demand and capacity allocation uncertainties," International Journal of Production Economics, Elsevier, vol. 170(PA), pages 243-257.
  25. Wang, Yimin & Xiao, Yixuan & Yang, Nan, 2014. "Improving reliability of a shared supplier with competition and spillovers," European Journal of Operational Research, Elsevier, vol. 236(2), pages 499-510.
  26. René Y. Glogg & Anna Timonina-Farkas & Ralf W. Seifert, 2022. "Modeling and mitigating supply chain disruptions as a bilevel network flow problem," Computational Management Science, Springer, vol. 19(3), pages 395-423, July.
  27. Schmitt, Amanda J. & Sun, Siyuan Anthony & Snyder, Lawrence V. & Shen, Zuo-Jun Max, 2015. "Centralization versus decentralization: Risk pooling, risk diversification, and supply chain disruptions," Omega, Elsevier, vol. 52(C), pages 201-212.
  28. Cheong, Taesu & Song, Sang Hwa, 2013. "The value of information on supply risk under random yields," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 60(C), pages 27-38.
  29. Danko Turcic & Panos Kouvelis & Ehsan Bolandifar, 2015. "Hedging Commodity Procurement in a Bilateral Supply Chain," Manufacturing & Service Operations Management, INFORMS, vol. 17(2), pages 221-235, May.
  30. Sevgen, Arya & Sargut, F. Zeynep, 2019. "May reorder point help under disruptions?," International Journal of Production Economics, Elsevier, vol. 209(C), pages 61-69.
  31. Yaowen Xu & Qiang Fu & Yan Zhou & Mo Li & Yi Ji & Tianxiao Li, 2019. "Inventory Theory-Based Stochastic Optimization for Reservoir Water Allocation," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 33(11), pages 3873-3898, September.
  32. Sanjoy Kumar Paul & Ruhul Sarker & Daryl Essam, 2018. "A reactive mitigation approach for managing supply disruption in a three-tier supply chain," Journal of Intelligent Manufacturing, Springer, vol. 29(7), pages 1581-1597, October.
  33. Hishamuddin, Hawa & Sarker, Ruhul A. & Essam, Daryl, 2014. "A recovery mechanism for a two echelon supply chain system under supply disruption," Economic Modelling, Elsevier, vol. 38(C), pages 555-563.
  34. Faiza Hamdi & Ahmed Ghorbel & Faouzi Masmoudi & Lionel Dupont, 2018. "Optimization of a supply portfolio in the context of supply chain risk management: literature review," Journal of Intelligent Manufacturing, Springer, vol. 29(4), pages 763-788, April.
  35. Ray, Pritee & Jenamani, Mamata, 2016. "Mean-variance analysis of sourcing decision under disruption risk," European Journal of Operational Research, Elsevier, vol. 250(2), pages 679-689.
  36. Montanari, Roberto & Bottani, Eleonora & Shekarian, Ehsan & Kazemi, Nima, 2017. "A model for the analysis of procurement strategies in the economic order interval environment," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 134(C), pages 79-98.
  37. Asghari, M. & Afshari, H. & Jaber, M.Y. & Searcy, C., 2023. "Credibility-based cascading approach to achieve net-zero emissions in energy symbiosis networks using an Organic Rankine Cycle," Applied Energy, Elsevier, vol. 340(C).
  38. Saedi, Samira & Kundakcioglu, O. Erhun & Henry, Andrea C., 2016. "Mitigating the impact of drug shortages for a healthcare facility: An inventory management approach," European Journal of Operational Research, Elsevier, vol. 251(1), pages 107-123.
  39. Ancarani, A. & Di Mauro, C. & D'Urso, D., 2013. "A human experiment on inventory decisions under supply uncertainty," International Journal of Production Economics, Elsevier, vol. 142(1), pages 61-73.
  40. Lingxiu Dong & Brian Tomlin, 2012. "Managing Disruption Risk: The Interplay Between Operations and Insurance," Management Science, INFORMS, vol. 58(10), pages 1898-1915, October.
  41. Xiaodan Jin & Hong Zhou, 2022. "Incentives to Enhance Production Reliability against Disruption: Cost-Sharing vs. Penalty," Sustainability, MDPI, vol. 14(15), pages 1-18, July.
  42. Chen, Qi & Li, Xiaopeng & Ouyang, Yanfeng, 2011. "Joint inventory-location problem under the risk of probabilistic facility disruptions," Transportation Research Part B: Methodological, Elsevier, vol. 45(7), pages 991-1003, August.
  43. Jean Respen & Nicolas Zufferey & Philippe Wieser, 2017. "Three-level inventory deployment for a luxury watch company facing various perturbations," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 68(10), pages 1195-1210, October.
  44. Rongfang Yan & Dejun Kou & Bin Lu, 2019. "Optimal Order Policies for Dual-Sourcing Supply Chains under Random Supply Disruption," Sustainability, MDPI, vol. 11(3), pages 1-14, January.
  45. A. Thangam, 2017. "Retailer’s optimal replenishment policy in a two-echelon supply chain under two-part delay in payments and disruption in delivery," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 8(1), pages 26-46, January.
  46. Konstantaras, I. & Skouri, K. & Lagodimos, A.G., 2019. "EOQ with independent endogenous supply disruptions," Omega, Elsevier, vol. 83(C), pages 96-106.
  47. Anna Timonina‐Farkas & René Y. Glogg & Ralf W. Seifert, 2022. "Limiting the impact of supply chain disruptions in the face of distributional uncertainty in demand," Production and Operations Management, Production and Operations Management Society, vol. 31(10), pages 3788-3805, October.
  48. Mohammaddust, Faeghe & Rezapour, Shabnam & Farahani, Reza Zanjirani & Mofidfar, Mohammad & Hill, Alex, 2017. "Developing lean and responsive supply chains: A robust model for alternative risk mitigation strategies in supply chain designs," International Journal of Production Economics, Elsevier, vol. 183(PC), pages 632-653.
  49. Lu, Mengshi & Huang, Simin & Shen, Zuo-Jun Max, 2011. "Product substitution and dual sourcing under random supply failures," Transportation Research Part B: Methodological, Elsevier, vol. 45(8), pages 1251-1265, September.
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