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Dynamic Inventory Management with Cash Flow Constraints

In: Risk Management of Supply and Cash Flows in Supply Chains

Author

Listed:
  • Jian Li

    (Beijing University of Chemical Technology (BUCT))

  • Jia Chen

    (Bank of China)

  • Shouyang Wang

    (Chinese Academy of Sciences)

Abstract

Current research efforts on inventory management mainly focus on operational decisions and inventory control, i.e., characterizing replenishment policies based on inventory level over a planning horizon. There is an extensive literature on inventory control in both deterministic and stochastic environments, see e.g., Axsäter (2000), Zipkin (2000), Nahmias (2001), Porteus (2002), and Cheng et al. (2010). Most of them ignore financial status of a firm and assume that the firm is able to obtain infinite capital to implement any operational decisions.

Suggested Citation

  • Jian Li & Jia Chen & Shouyang Wang, 2011. "Dynamic Inventory Management with Cash Flow Constraints," International Series in Operations Research & Management Science, in: Risk Management of Supply and Cash Flows in Supply Chains, chapter 0, pages 105-125, Springer.
    • Handle: RePEc:spr:isochp:978-1-4614-0511-5_4
    DOI: 10.1007/978-1-4614-0511-5_4
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