Dynamic inventory rationing for systems with multiple demand classes and general demand processes

被引:24
|
作者
Hung, Hui-Chih [1 ]
Chew, Ek Peng [2 ]
Lee, Loo Hay [2 ]
Liu, Shudong [2 ]
机构
[1] Natl Chiao Tung Univ, Dept Ind Engn & Management, Hsinchu 30010, Taiwan
[2] Natl Univ Singapore, Dept Ind & Syst Engn, Singapore 117576, Singapore
关键词
Inventory rationing; Dynamic critical level; Backordering; Multiperiod system; STOCK PRODUCTION SYSTEM; POLICIES; MODEL; SALES;
D O I
10.1016/j.ijpe.2012.05.026
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
We consider the dynamic rationing problem for inventory systems with multiple demand classes and general demand processes. We assume that backorders are allowed. Our aim is to find the threshold values for this dynamic rationing policy. For single period systems, dynamic critical level policy is developed and the detailed cost approximation subject to this policy is derived. For multiperiod systems, a dynamic rationing policy with periodic review is proposed. The numerical study shows that our dynamic critical level policies are close to being optimal for various parameter settings. (C) 2012 Elsevier B.V. All rights reserved.
引用
收藏
页码:351 / 358
页数:8
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