On the use of independent base-stock policies in assemble-to-order inventory systems with nonidentical lead times

被引：6

作者：

Reiman, Martin I. ^{[1
]}

Wan, Haohua ^{[2
]}

Wang, Qiong ^{[2
]}

机构：

[1] Columbia Univ, Ind Engn & Operat Res, New York, NY 10027 USA

[2] Univ Illinois, Ind & Enterprise Syst Engn, Champaign, IL 61820 USA

来源：

OPERATIONS RESEARCH LETTERS | 2016年 / 44卷 / 04期

基金：

美国国家科学基金会;

关键词：

Base-stock policies; Nonidentical lead times; Assemble-to-order; Stochastic program;

D O I：

10.1016/j.orl.2016.04.004

中图分类号：

C93 [管理学]; O22 [运筹学];

学科分类号：

070105 ; 12 ; 1201 ; 1202 ; 120202 ;

摘要：

We consider the use of Independent Base Stock (IBS) replenishment policies in Assemble-to-Order (ATO) inventory systems. These policies are appealingly simple and widely used, but generally suboptimal for systems with non-identical lead times. We present an IBS policy and prove that its loss of optimality is limited by the ratio of the longest lead time to the shortest one. Our results suggest that IBS policies can work well for systems where differences between lead times are dominated by their lengths. (C) 2016 Elsevier B.V. All rights reserved.

引用

页码：436 / 442

页数：7

共 50 条

[1] Optimal base-stock policy of the assemble-to-order systems
Horng, Shih-Cheng
Yang, Feng-Yi
[J]. ARTIFICIAL LIFE AND ROBOTICS, 2012, 17 (01) : 47 - 52
[2] Optimal base-stock policy of the assemble-to-order systems
Shih-Cheng Horng
Feng-Yi Yang
[J]. Artificial Life and Robotics, 2012, 17 (1) : 47 - 52
[3] Approximations of lead-time distributions in an assemble-to-order system under a base-stock policy
Ko, Sung-Seok
Choi, Jin Young
Seo, Dong-Won
[J]. COMPUTERS & OPERATIONS RESEARCH, 2011, 38 (02) : 582 - 590
[4] Asymptotically Optimal Inventory Control for Assemble-to-Order Systems with Identical Lead Times
Reiman, Martin I.
Wang, Qiong
[J]. OPERATIONS RESEARCH, 2015, 63 (03) : 716 - 732
[5] Optimal Base-Stock Policy of the Assemble to Order Systems
Horng, Shih-Cheng
Yang, Feng-Yi
[J]. PROCEEDINGS OF THE SEVENTEENTH INTERNATIONAL SYMPOSIUM ON ARTIFICIAL LIFE AND ROBOTICS (AROB 17TH '12), 2012, : 816 - 819
[6] Base-stock policies for the lost sales inventory system with Poisson demand and Erlangian lead times
Johansen, SG
[J]. INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS, 2005, 93-4 : 429 - 437
[7] Further improvements on base-stock approximations for independent stochastic lead times with order crossover
Robinson, Lawrence W.
Bradley, James R.
[J]. M&SOM-MANUFACTURING & SERVICE OPERATIONS MANAGEMENT, 2008, 10 (02) : 325 - 327
[8] Asymptotic Optimality of Base-Stock Policies for Perishable Inventory Systems
Bu, Jinzhi
Gong, Xiting
Chao, Xiuli
[J]. MANAGEMENT SCIENCE, 2023, 69 (02) : 846 - 864
[9] Optimal control policies for assemble-to-order systems with commitment lead time
Ahmadi, Taher
Atan, Zumbul
de Kok, Ton
Adan, Ivo
[J]. IISE TRANSACTIONS, 2019, 51 (12) : 1365 - 1382
[10] Single-Product Assemble-to-Order Systems with Exogenous Lead Times
Muharremoglu, Alp
Yang, Nan
Geng, Xin
[J]. OPERATIONS RESEARCH, 2024, 72 (03) : 916 - 939

← 1 2 3 4 5 →