Average Cost Optimality in Inventory Models with Dynamic Information Delays
作者： M. Çakanyıldırım , Alain Bensoussan , Alain Bensoussan , Alain Bensoussan , Hanqin Zhang
DOI:
关键词: Stock (geology) 、 Inventory level 、 Cycle count 、 Computer science 、 Actuarial science 、 Average cost 、 Mathematical optimization
摘要: Information delays exist when the most recent inventory information available to Inventory Manager (IM) is dated. In other words, IM observes only level that belongs an earlier period. Such situations are not uncommon, and they arise it takes a while process demand data pass results IM. this paper, we establish average cost optimal policy of state-dependent basestock type with respect reference position. We show base stock depends on age magnitude latest observed delay. illustrate by solving example 0 1, for which able obtain formulas/bounds levels.
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