Robust Dual Sourcing Inventory Management: Optimality of Capped Dual Index Policies and Smoothing | Zendy

J Sun | Zendy; Jan A. Van Mieghem | Zendy

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Robust Dual Sourcing Inventory Management: Optimality of Capped Dual Index Policies and Smoothing

Author(s) -

J Sun,

Jan A. Van Mieghem

Publication year - 2019

Publication title -

manufacturing and service operations management

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 7.372

H-Index - 83

eISSN - 1526-5498

pISSN - 1523-4614

DOI - 10.1287/msom.2018.0731

Subject(s) - lead time , dual (grammatical number) , inventory control , purchasing , computer science , operations research , heuristics , holding cost , index (typography) , mathematical optimization , supply chain , flexibility (engineering) , inventory theory , time horizon , economics , operations management , business , mathematics , marketing , art , literature , management , world wide web

Problem definition: How to dynamically replenish inventory from two supply sources or shipping modes with general lead times. The fast source is more expensive than the slow source. Academic/practi...

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