Optimal policies for inventory systems with finite capacity and partially observed Markov-modulated demand and supply processes

K Arifoğlu, S Özekici - European Journal of Operational Research, 2010 - Elsevier
We analyze a single-item periodic-review inventory system with random yield and finite
capacity operating in a random environment. The primary objective is to extend the model of …

Optimal control of an inventory-production system with state-dependent random yield

SC Kutzner, GP Kiesmüller - European Journal of Operational Research, 2013 - Elsevier
In this paper we study a single stage, periodic-review inventory problem for a single item
with stochastic demand. The inventory manager determines order sizes according to an …

Inventory management with random supply and imperfect information: A hidden Markov model

K Arifoğlu, S Özekici - International Journal of Production Economics, 2011 - Elsevier
In most of the papers on inventory models operating in a random environment, the state of
the environment in each period is assumed to be fully observed with perfect information …

Automated planning applied in inventory management

HC Carvalho, LH Silva, J Tavares - IFAC Proceedings Volumes, 2013 - Elsevier
The inventory management aims to, optimally; determine a policy capable of minimizing the
costs related to storage of materials. In most recently inventory systems the optimal policy …