Synthesis and Generalization of Structural Results in Inventory Management: A Generalized Convexity Property
Published Online:19 Jul 2019https://doi.org/10.1287/moor.2019.1001
References
- [1] (1951) Optimal inventory policy. Econometrica 19(3):250–272.Google Scholar
- [2] (2012) Ordering policies for periodic-review inventory systems with quantity-dependent fixed costs. Oper. Res. 60(4):785–796.Google Scholar
- [3] (2004) Coordinating inventory control and pricing strategies with random demand and fixed ordering cost: The finite horizon case. Oper. Res. 52(6):887–896.Google Scholar
- [4] (2004) Coordinating inventory control and pricing strategies with random demand and fixed ordering cost: The infinite horizon case. Math. Oper. Res. 29(3):698–723.Google Scholar
- [5] (2009) A new approach for the stochastic cash balance problem with fixed costs. Probab. Engrg. Inform. Sci. 23(4):545–562.Google Scholar
- [6] (1978) Existence of optimal simple policies for discounted-cost inventory and cash management in continuous time. Oper. Res. 26(4):620–636.Google Scholar
- [7] (2013) Brownian inventory models with convex holding cost, part 1: Average-optimal controls. Stochastic Systems 3(2):442–499.Google Scholar
- [8] (1953) On the optimal character of the (s, s) policy in inventory theory. Econometrica 21(4):586–596.Crossref, Google Scholar
- [9] (2009) A short history of convexity. Differential Geometry Dynamical Systems 11:112–129.Google Scholar
- [10] (1999) Combined pricing and inventory control under uncertainty. Oper. Res. 47(3):454–475.Google Scholar
- [11] (2017) A general model for inventory management with dual sources: Trading off lead time and cost differences. Working paper, Columbia Business School, New York.Google Scholar
- [12] (1986) An inventory model with limited production capacity and uncertain demands i. The average-cost criterion. Math. Oper. Res. 11(2):193–207.Google Scholar
- [13] (1986) An inventory model with limited production capacity and uncertain demands ii. the discounted-cost criterion. Math. Oper. Res. 11(2):208–215.Google Scholar
- [14] (2016) Optimality conditions for inventory control. Gupta A, Capponi A, eds. Optimization Challenges in Complex, Networked and Risky Systems (INFORMS, Catonsville, MD), 14–45.Link, Google Scholar
- [15] (2005) Optimality of four-threshold policies in inventory systems with customer returns and borrowing/storage options. Probab. Engrg. Inform. Sci. 19(1):45–71.Google Scholar
- [16] (2007) Optimality inequalities for average cost markov decision processes and the stochastic cash balance problem. Math. Oper. Res. 32(4):769–783.Google Scholar
- [17] (2001) Integrating replenishment decisions with advance demand information. Management Sci. 47(10):1344–1360.Google Scholar
- [18] (2000) Capacitated inventory problems with fixed order costs: Some optimal policy structure. European J. Oper. Res. 126(3):603–613.Crossref, Google Scholar
- [19] (2005) K-convexity in Rn. J. Optim. Theory Appl. 127(1):71–88.Crossref, Google Scholar
- [20] (1912) The Works of Archimedes (Dover Publications, New York).Google Scholar
- [21] (2011) Average cost single-stage inventory models: An analysis using a vanishing discount approach. Oper. Res. 59(1):143–155.Google Scholar
- [22] (1963) Dynamic programming and stationary analysis of inventory problems. Scarf H, Gilford D, Shelly M, eds. Multistage Inventory Models and Techniques (Stanford University Press, Stanford, CA), 1–31.Google Scholar
- [23] (1970) Introduction to Real Analysis (Dover Publications, New York).Google Scholar
- [24] (2014) Inventory control with a fixed cost and a piecewise linear convex cost. Production Oper. Management 23(11):1966–1984.Google Scholar
- [25] (2016) Joint inventory and pricing coordination with incomplete demand information. Production Oper. Management 25(4):701–718.Google Scholar
- [26] (2018) Approximation approaches for inventory systems with general production/ordering cost structures. Production Oper. Management 27(3):417–432.Google Scholar
- [27] (1970) The stochastic cash balance problem with fixed costs for increases and decreases. Management Sci. 16(7):472–490.Google Scholar
- [28] (1960) The optimality of (s, S) policies in the dynamic inventory problem. Arrow K, Karlin S, Suppes P, eds. Mathematical Methods in the Social Sciences (Stanford University Press, Stanford, CA), 196–202.Google Scholar
- [29] (1993) Average optimality in dynamic programming with general state space. Math. Oper. Res. 18(1):163–172.Google Scholar
- [30] (2007) Note: Generalized notions of concavity with an application to capacity management. Oper. Res. 55(2):284–291.Google Scholar
- [31] (2004) The infinite horizon periodic review problem with setup costs and capacity constraints: A partial characterization of the optimal policy. Oper. Res. 52(3):409–421.Google Scholar
- [32] (1996) X-y band and modified (s, s) policy. Oper. Res. 44(6):1013–1019.Google Scholar
- [33] (1996) A First Course in Optimization Theory (Cambridge University Press, Cambridge, UK).Crossref, Google Scholar
- [34] (1974) Price and production decisions with random demand. Oper. Res. 22(3):513–518.Google Scholar
- [35] (1966) On the optimality of (s, S) inventory policies: New conditions and a new proof. SIAM J. Appl. Math. 14(5):1067–1083.Google Scholar
- [36] (2001) Oligopoly Pricing: Old Ideas and New Tools (MIT Press, Cambridge).Google Scholar
- [37] (1967) A stochastic inventory model for rented equipment. Management Sci. 13(9):640–647.Google Scholar
- [38] (1972) An inventory problem with constrained order capacity. Report, Department of Mathematics and Computing Science, Eindhoven University of Technology, https://pure.tue.nl/ws/files/4259450/252845.pdf.Google Scholar
- [39] (2007) Optimal capacity investment decisions with two-sided fixed-capacity adjustment costs. Oper. Res. 55(2):272–283.Google Scholar
- [40] (1991) A simple proof for optimality of (s, s) policies in infinite-horizon inventory systems. J. Appl. Probab. 28(4):802–810.Google Scholar
- [41] (2000) Foundations of Inventory Management (McGraw-Hill, New York).Google Scholar

