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• W1979296741 abstract "This paper considers dynamic single- and multi-product inventory problems in which the demands in each period are independent and identically distributed random variables. The problems considered have the following common characteristics. At the beginning of each period two order quantities are determined for each product. A “normal order” quantity with a constant positive lead time of λn periods and an “emergency order” quantity with a lead time of λe periods, where λe = λn - 1. The ordering decisions are based on linear procurement costs for both methods of ordering and convex holding and penalty costs. The emergency ordering costs are assumed to be higher than the normal ordering costs. In addition, future costs are discounted." @default.
• W1979296741 created "2016-06-24" @default.
• W1979296741 creator A5033817294 @default.
• W1979296741 date "1969-03-01" @default.
• W1979296741 modified "2023-09-25" @default.
• W1979296741 title "Optimal Ordering Policies for Inventory Systems with Emergency Ordering" @default.
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• W1979296741 doi "https://doi.org/10.1057/jors.1969.32" @default.
• W1979296741 hasPublicationYear "1969" @default.
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