Optimal policies for inventory systems with discretionary sales, random yield and lost sales
文献类型：期刊论文
| 作者 | Yan, Xiao-ming1,2; Liu, Ke2
|
| 刊名 | ACTA MATHEMATICAE APPLICATAE SINICA-ENGLISH SERIES
 |
| 出版日期 | 2010 |
| 卷号 | 26期号:1页码:41-54 |
| 关键词 | Inventory Discretionary sales Lost sales Random yield |
| ISSN号 | 0168-9673 |
| DOI | 10.1007/s10255-009-8824-8 |
| 英文摘要 | We determine replenishment and sales decisions jointly for an inventory system with random demand, lost sales and random yield. Demands in consecutive periods are independent random variables and their distributions are known. We incorporate discretionary sales, when inventory may be set aside to satisfy future demand even if some present demand may be lost. Our objective is to minimize the total discounted cost over the problem horizon by choosing an optimal replenishment and discretionary sales policy. We obtain the structure of the optimal replenishment and discretionary sales policy and show that the optimal policy for finite horizon problem converges to that of the infinite horizon problem. Moreover, we compare the optimal policy under random yield with that under certain yield, and show that the optimal order quantity (sales quantity) under random yield is more (less) than that under certain yield. |
| 资助项目 | National Natural Science Foundation of China[606740852] ; National Natural Science Foundation of China[70731003] ; National Natural Science Foundation of China[70221001] |
| WOS研究方向 | Mathematics |
| 语种 | 英语 |
| WOS记录号 | WOS:000272628300005 |
| 出版者 | SPRINGER HEIDELBERG |
| 源URL | [http://ir.amss.ac.cn/handle/2S8OKBNM/10605]  |
| 专题 | 应用数学研究所 |
| 通讯作者 | Yan, Xiao-ming |
| 作者单位 | 1.Dongguan Univ Technol, Sch Software, Dongguan 523808, Guangdong, Peoples R China 2.Chinese Acad Sci, Acad Math & Syst Sci, Inst Appl Math, Beijing 100190, Peoples R China |
| 推荐引用方式 GB/T 7714 | Yan, Xiao-ming,Liu, Ke. Optimal policies for inventory systems with discretionary sales, random yield and lost sales[J]. ACTA MATHEMATICAE APPLICATAE SINICA-ENGLISH SERIES,2010,26(1):41-54. |
| APA | Yan, Xiao-ming,&Liu, Ke.(2010).Optimal policies for inventory systems with discretionary sales, random yield and lost sales.ACTA MATHEMATICAE APPLICATAE SINICA-ENGLISH SERIES,26(1),41-54. |
| MLA | Yan, Xiao-ming,et al."Optimal policies for inventory systems with discretionary sales, random yield and lost sales".ACTA MATHEMATICAE APPLICATAE SINICA-ENGLISH SERIES 26.1(2010):41-54. |
入库方式： OAI收割
来源：数学与系统科学研究院
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