In such cases, the optimal inventory control policies are also non-stationary. However, due to high computational complexity, non-stationary inventory policies are not usually preferred in real-life applications. In this paper, we investigate the cost of using a stationary policy as an approximation...
In such cases, the optimal inventory control policies are also non-stationary. However, due to high computational complexity, non-stationary inventory policies are not usually preferred in real-life applications. In this paper, we investigate the cost of using a stationary policy as an approximation...
The poverty control policies of the Chinese government have played an important and positive role in controlling losses from geological disasters. To consolidate and further improve the results achieved through the country’s poverty control policies, we make the following recommendations: continue to imp...
aFor this purpose, we study the cost effectiveness of restricting the inventory policies to the class of zero-inventory-ordering (ZIO) policies in a single-warehouse mul-tiretailer scenario in which the warehouse serves as a cross-dock facility. 为此,我们在仓库担当十字架船坞设施的唯一仓库mul-ti...
Most inventory management models are based upon rather restrictive assumptions, e.g. unit sized demands and the normal distribution for total demand during replenishment time. In a majority of inventory management systems, circumstances seem to allow these simplifications, and inventory policies based upo...
Warehouse costs will affect inventory control policies and how stock is managed each day. 1. Financial Factors That Affect Inventory Management Factors such as the cost of borrowing money to stock enough inventory can greatly influence inventory management. ...
optimal inventory control policies. We provide a systematic comparison of these policies and present their expected cost performances. We further show that when these policies are used in a receding horizon framework the cost performances improve considerably and differences among policies become ...
adistribution time delay [5]. Many undesirable effects may appear[translate] asupply chain described above. Among these, the instability is the[translate] acontrol theory to study the effect of several inventory policies on[translate]
importance of a factor. The results reveal that design for the manufacturing, collection strategy, management prescience, and purchase intention are the top factors which impact the remanufacturing most. Moreover, government policies, technology, sorting policies, and identity of the remanufacturer also...
Optimal and near-optimal inventory control policies for a make-to-order inventory-production system The structure of the optimal replenishment policy is explored. Simple "order-up-to", "myopic", and heuristic replenishment policies are introduced. The ... QM He,EM Jewkes,J Buzacott - 《European...