search query: @freeterm Periodic review / total: 1
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| Author: | Chiang, C. |
| Title: | Optimal replenishment for a periodic review inventory system with two supply modes |
| Journal: | European Journal of Operational Research
2003 : AUG, VOL. 149:1, p. 229-244 |
| Index terms: | Inventory control Dynamic programming |
| Freeterms: | Ordering policy Periodic review |
| Language: | eng |
| Abstract: | The authors develop dynamic programming models in which regular orders as well as emergency orders can be placed periodically. They identify two cases depending on whether or not a fixed cost for placing an emergency order is present. The show that if the emergency supply mode can be used, there exixts a critical inventory position at a review epoch falls below this critical level, an emergency order is placed. |
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