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University of Navarra

IESE Business School

Publicaciones

Título: Myopic inventory policies using individual customer arrival information . (D/719 )
Autores: Martínez de Albéniz, V., Lago, A.
 
Resumen: We investigate optimality of myopic policies using the single-unit decomposition approach in inventory management. We derive, under certain conditions, closed-form replenishment decisions, which we call a base-probability policy. That is, the order associated with a given customer is placed if and only if its arrival probability within the lead-time is higher than a threshold.
 
Fecha: 01/11/2007
 
Tipo: Documentos de investigación
 
Idioma: Inglés
 
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