Average Cost Optimality in Inventory Models With Dynamic Information Delays
文献类型:期刊论文
作者 | Bensoussan, Alain1; Cakanyildirim, Metin1; Sethi, Suresh P.1; Wang, Mingzheng2; Zhang, Hanqin3![]() |
刊名 | IEEE TRANSACTIONS ON AUTOMATIC CONTROL
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出版日期 | 2011-12-01 |
卷号 | 56期号:12页码:2863-2876 |
关键词 | Average cost optimality base stock policies dynamic information delays partial observations stochastic inventory |
ISSN号 | 0018-9286 |
DOI | 10.1109/TAC.2011.2144650 |
英文摘要 | Information delays exist when the most recent inventory information available to the Inventory Manager (IM) is dated. In other words, the IM observes only the inventory level that belongs to an earlier period. Such situations are not uncommon, and they arise when it takes a while to process the demand data and pass the results to the IM. In this paper, we establish that the average cost optimal policy is of state-dependent basestock type with respect to the reference inventory position. We show that the optimal base stock depends on the age and the magnitude of the latest observed delay. We illustrate the results by solving an example with delays of 0 and 1, for which we are able to obtain formulas/bounds for the basestock levels. |
WOS研究方向 | Automation & Control Systems ; Engineering |
语种 | 英语 |
WOS记录号 | WOS:000297806400008 |
出版者 | IEEE-INST ELECTRICAL ELECTRONICS ENGINEERS INC |
源URL | [http://ir.amss.ac.cn/handle/2S8OKBNM/11445] ![]() |
专题 | 应用数学研究所 |
通讯作者 | Bensoussan, Alain |
作者单位 | 1.Univ Texas Dallas, Sch Management, Richardson, TX 75080 USA 2.Dalian Univ Technol, Sch Management, Dalian 116024, Peoples R China 3.Chinese Acad Sci, Acad Math & Syst Sci, Beijing 100080, Peoples R China |
推荐引用方式 GB/T 7714 | Bensoussan, Alain,Cakanyildirim, Metin,Sethi, Suresh P.,et al. Average Cost Optimality in Inventory Models With Dynamic Information Delays[J]. IEEE TRANSACTIONS ON AUTOMATIC CONTROL,2011,56(12):2863-2876. |
APA | Bensoussan, Alain,Cakanyildirim, Metin,Sethi, Suresh P.,Wang, Mingzheng,&Zhang, Hanqin.(2011).Average Cost Optimality in Inventory Models With Dynamic Information Delays.IEEE TRANSACTIONS ON AUTOMATIC CONTROL,56(12),2863-2876. |
MLA | Bensoussan, Alain,et al."Average Cost Optimality in Inventory Models With Dynamic Information Delays".IEEE TRANSACTIONS ON AUTOMATIC CONTROL 56.12(2011):2863-2876. |
入库方式: OAI收割
来源:数学与系统科学研究院
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