Comparison of Spreadsheets and Computing Languages in Simulation of Stochastic Inventory Models

2021 ◽  
pp. 328-335
Author(s):  
Berdymyrat Ovezmyradov ◽  
Gennady Gromov
Keyword(s):  
Inventory Models ◽  
Stochastic Inventory ◽  
Stochastic Inventory Models

Integrality in Stochastic Inventory Models

2012 ◽  
Author(s):  
Wei Chen ◽  
Milind Dawande ◽  
Ganesh Janakiraman
Keyword(s):  
Inventory Models ◽  
Stochastic Inventory ◽  
Stochastic Inventory Models

Periodic review stochastic inventory models with service level constraint

2009 ◽  
Vol 40 (3) ◽  
pp. 237-243 ◽  
Author(s):  
Chih-Young Hung ◽  
Kuo-Chen Hung ◽  
Wen-Han Tang ◽  
Robert Lin ◽  
Chi-Kae Wang
Keyword(s):  
Service Level ◽  
Periodic Review ◽  
Inventory Models ◽  
Stochastic Inventory ◽  
Stochastic Inventory Models

Integrality in Stochastic Inventory Models

2014 ◽  
Vol 23 (9) ◽  
pp. 1646-1663 ◽  
Author(s):  
Wei Chen ◽  
Milind Dawande ◽  
Ganesh Janakiraman
Keyword(s):  
Inventory Models ◽  
Stochastic Inventory ◽  
Stochastic Inventory Models

Stochastic inventory models with bulk demand and state-dependent leadtimes

1971 ◽  
Vol 8 (3) ◽  
pp. 521-534 ◽  
Author(s):  
Donald Gross ◽  
Carl M. Harris ◽  
James A. Lechner
Keyword(s):  
Single Server ◽  
Single Server Queue ◽  
Inventory Models ◽  
Inventory Cost ◽  
Stochastic Inventory ◽  
State Dependent ◽  
Optimal Value ◽  
Server Queue ◽  
Time Required ◽  
Stochastic Inventory Models

This paper describes two one-for-one ordering (S − 1, S) inventory models in which the time required for order replenishment is state-dependent. The demand is assumed to follow a compound Poisson distribution, and that portion of the leadtime corresponding to the actual filling of orders is assumed to depend on the number of outstanding orders. Since the orders placed are assumed to go into a single-server queue, queuing results are used to obtain the expected inventory cost as a function of S in order to obtain an optimal value of S.

Sign in / Sign up

Export Citation Format

Share Document