Dynamic inventory rationing for systems with multiple demand classes and general demand processes

International Journal of Production Economics, pp. 351-358, 2012.

Cited by: 21|Views4

Abstract:

We consider the dynamic rationing problem for inventory systems with multiple demand classes and general demand processes. We assume that backorders are allowed. Our aim is to find the threshold values for this dynamic rationing policy. For single period systems, dynamic critical level policy is developed and the detailed cost approximati...More

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