The Nonlinear Dynamics of Order-Up-To Inventory Systems with Lost Sales
Sign Up to like & getrecommendations! Published in 2019 at "IFAC-PapersOnLine"
DOI: 10.1016/j.ifacol.2019.11.547
Abstract: We study the dynamic consequences of lost sales when there is insufficient inventory to satisfy demand. Demand is assumed to be independently and identically distributed and drawn from a normal distribution. We consider the industrially… read more here.
Keywords: order inventory; nonlinear dynamics; dynamics order; lost sales ... See more keywords
The stochastic lot-sizing problem with lost sales: A chemical-Petrochemical case study
Sign Up to like & getrecommendations! Published in 2017 at "Journal of Manufacturing Systems"
DOI: 10.1016/j.jmsy.2017.04.003
Abstract: Abstract The recent evidence shows that production planning problems (e.g. lot sizing) in the manufacturing systems in general, and in the petrochemical sector in particular, can be very challenging. This fact, that the flows of… read more here.
Keywords: lot sizing; chemical petrochemical; petrochemical case; lost sales ... See more keywords
On the estimation of the fill rate for the continuous (s, S) inventory system for the lost sales context
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DOI: 10.1371/journal.pone.0263655
Abstract: In the continuous review reorder point, base-stock (s, S) policy, the replenishment order is launched when the inventory position reaches the reorder point, s. It is commonly assumed that the inventory position is exactly equal… read more here.
Keywords: inventory; fill rate; reorder point; rate ... See more keywords
A study on the impact of backorder sales on an integrated supply chain
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DOI: 10.1504/ijsom.2020.10031205
Abstract: The integrated procurement, production and distribution planning (IPPDP) problem consists of multiple suppliers who supply raw materials to multiple plants to produce a single product to meet the demand in multiple time horizons. The present… read more here.
Keywords: scenario; supply chain; problem; lost sales ... See more keywords