search query: @author Schmidt, C. P. / total: 6
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| Author: | Moinzadeh, K. Schmidt, C. P. |
| Title: | An (S-1,S) inventory system with emergency orders. |
| Journal: | Operations Research
1991 : MAR-APR, VOL. 39:2, p. 308-321 |
| Index terms: | INVENTORY CONTROL |
| Language: | eng |
| Abstract: | The /S-1, S/ inventory system with Poisson demand and two modes of supply /normal and emergency/ is considered. An approximate model of a control system for such inventory is developed. It is assumed that demand and the fixed ordering costs are not considerable in comparison to the holding cost so that a one-for-one ordering policy is appropriate. A policy is investigated for placing emergency orders that uses information about the age of outstanding orders. The steady-state behaviour of this policy is derived and some computational results are presented. |
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