Inventory Control with Limited Capacity and Advance Demand Information

  title={Inventory Control with Limited Capacity and Advance Demand Information},
  author={{\"O}zalp {\"O}zer and Wei Wei},
  journal={Operations Research},
Manufacturers make production decisions and carry inventory to satisfy uncertain demand. When holding and shortage costs are high, carrying inventory could be even more expensive for a capacitated production system. Recent developments in information technology and sales strategies enabled firms to acquire, collect, or induce advance demand information. We address a periodic-review, stochastic, capacitated, finite and infinite horizon production system faced by a manufacturer who has the… CONTINUE READING


Publications citing this paper.
Showing 1-10 of 48 extracted citations


Publications referenced by this paper.
Showing 1-10 of 26 references

Foundations of Stochastic Inventory Theory

  • E. Porteus
  • Stanford University Press, Stanford, CA.
  • 2002
1 Excerpt

Lectures on supply-chain optimization

  • A. Veinott
  • Stanford University, Stanford, CA.
  • 2001
2 Excerpts

Online addendum to inventory control with limited capacity and advance demand information

  • Ö. Özer, W. Wei.
  • http://or.pubs.
  • 2001
1 Excerpt

Similar Papers

Loading similar papers…