Operational Research: methods and applications

F Petropoulos, G Laporte, E Aktas… - Journal of the …, 2024 - Taylor & Francis
Abstract Throughout its history, Operational Research has evolved to include methods,
models and algorithms that have been applied to a wide range of contexts. This …

Setting fulfillment-time guarantees for accepting customer orders in a periodic-review base-stock inventory system

Y Xu, DA Serel, A Bisi, M Dada - IISE Transactions, 2023 - Taylor & Francis
Retailers are increasingly promising a maximum fulfillment time window for fulfilling
customer orders. Motivated by such guarantees, we consider an infinite-horizon periodic …

A survey of stochastic inventory models with fixed costs: Optimality of (s, S) and (s, S)‐type policies—Continuous‐time case

SC Perera, SP Sethi - Production and Operations …, 2023 - journals.sagepub.com
Fixed costs of ordering items or setting up a production process arise in many real‐life
scenarios. In their presence, the most widely used ordering policy in the stochastic inventory …

Voluntary environmental effort under (s,S) inventory policy

A Bensoussan, F El Ouardighi - International Journal of Production …, 2024 - Taylor & Francis
Prior research on inventory control has been wide ranging, yet the environmental
implications of an (s, S) inventory policy remain uninvestigated. This paper seeks to bridge …

Ordering COVID-19 vaccines for social welfare with information updating: Optimal dynamic order policies and vaccine selection in the digital age

X Xu, SP Sethi, SH Chung, TM Choi - IISE Transactions, 2024 - Taylor & Francis
In the digital age, operations can be improved by a wise use of information and
technological tools. During the COVID-19 pandemic, governments faced various choices of …

Optimal control of a dynamic production-inventory system with various cost criteria

S Golui, C Pal, R Manikandan, A Sobhanan - Annals of Operations …, 2023 - Springer
In this article, we investigate the dynamic control problem of a production-inventory system.
Here, demands arrive at the production unit according to a Poisson process and are …

Data-driven inventory policy: Learning from sequentially observed non-stationary data

K Ren, H Bidkhori, ZJM Shen - Omega, 2023 - Elsevier
This paper aims to find dynamic inventory policies for retailers that have limited knowledge
about future demand and sequentially observe the unprecedented demand data. We …

Production Management with General Demands and Lost Sales

J Han, X Li, SP Sethi, CC Siu… - Operations …, 2024 - pubsonline.informs.org
We consider continuous-review, single-product inventory systems with a constant
replenishment rate, Lévy demand, general inventory holding cost, and general lost-sales …

Optimal inventory control with cyclic fixed order costs

F Taube, S Minner - Production and Operations …, 2023 - journals.sagepub.com
We consider a periodic review single‐item inventory model under stochastic demand. Every
m periods, in the regular order period, fixed order costs are K. In the periods in‐between, the …

Equilibrium Strategy of Production and Order in a Two-Echelon Supply Chain with Demand Information Updates and Capacity Restriction

J Peng, Y Zhao, L Dai - Mathematics, 2023 - mdpi.com
This paper studies production-and-order strategies under three production systems in which
the supplier's production quantity is constrained by the upfront preparations of capacity due …