The Value of Advance Demand Information in Production/Inventory Systems

被引：1
|
作者：
Fikri Karaesmen
George Liberopoulos
Yves Dallery
机构：
[1] Koç University,Department of Industrial Engineering
[2] University of Thessaly,Department of Mechanical and Industrial Engineering
[3] Pedion Areos,Laboratoire Génie Industriel
[4] Ecole Centrale Paris,undefined
[5] Grande Voie des Vignes,undefined
来源：
Annals of Operations Research | 2004年 / 126卷
关键词：
production/inventory systems; make-to-stock queue; advance demand information; base stock policies;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
Advance demand information, when used effectively, improves the performance of production/inventory systems. In this paper, we investigate the value of advance demand information in production/inventory systems. For a single-stage make-to-stock queue, we assess the value of using advance demand information under a variety of assumptions on the cost of obtaining advance demand information, and the delivery timing requirements. This analysis enables us to identify conditions under which advance demand information may bring significant benefits.
引用
收藏
页码：135 / 157
页数：22
相关论文
共 50 条
  • [21] A simulation study for a hybrid inventory control strategy with advance demand information
    Claudio D.
    Zhang J.
    Zhang Y.
    International Journal of Industrial and Systems Engineering, 2010, 5 (01) : 1 - 19
  • [22] The added value of advance demand information for the planning of a repair kit
    Rippe, Christoph
    Kiesmuller, Gudrun P.
    CENTRAL EUROPEAN JOURNAL OF OPERATIONS RESEARCH, 2023, 31 (01) : 311 - 335
  • [23] The added value of advance demand information for the planning of a repair kit
    Christoph Rippe
    Gudrun P. Kiesmüller
    Central European Journal of Operations Research, 2023, 31 : 311 - 335
  • [24] Inventory management in a closed-loop supply chain with advance demand information
    Chen, Li
    Yucel, Safak
    Zhu, Kaijie
    OPERATIONS RESEARCH LETTERS, 2017, 45 (02) : 175 - 180
  • [25] SIMULATION OF ALLOCATION POLICIES FOR A SERIAL INVENTORY SYSTEM UNDER ADVANCE DEMAND INFORMATION
    Nataraja, Bhoomica M.
    Atan, Zumbul
    2019 WINTER SIMULATION CONFERENCE (WSC), 2019, : 1871 - 1882
  • [26] Value of Inventory Pooling with Limited Demand Information and Risk Aversion*
    Xue, Weili
    Ma, Lijun
    Liu, Yanchu
    Lin, Meiyan
    DECISION SCIENCES, 2022, 53 (01) : 51 - 83
  • [27] Kanban-based pull systems with advance demand information
    Claudio, David
    Krishnamurthy, Ananth
    INTERNATIONAL JOURNAL OF PRODUCTION RESEARCH, 2009, 47 (12) : 3139 - 3160
  • [28] Replenishment strategies for distribution systems under advance demand information
    Özer, Ö
    MANAGEMENT SCIENCE, 2003, 49 (03) : 255 - 272
  • [29] Capacity Rationing in Stochastic Rental Systems with Advance Demand Information
    Papier, Felix
    Thonemann, Ulrich W.
    OPERATIONS RESEARCH, 2010, 58 (02) : 274 - 288
  • [30] ON MULTISTAGE PRODUCTION INVENTORY SYSTEMS UNDER STOCHASTIC DEMAND
    ZIJM, H
    VANHOUTUM, GJ
    INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS, 1994, 35 (1-3) : 391 - 400
12345