Dynamic rationing and ordering policies for multiple demand classes

OR Spectrum, pp. 127-151, 2013.

Cited by: 19|Views2
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Abstract:

In this paper, we study the dynamic rationing problem for multiple demand classes with Poisson demands. We first consider a multi-period problem with zero lead time and show that the optimal rationing and ordering policies are, respectively, the dynamic rationing policy and the base stock policy. We then extend this model to a non-zero le...More

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