Please use this identifier to cite or link to this item: https://hdl.handle.net/10356/79449
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dc.contributor.authorFeng, Yien
dc.contributor.authorChen, Shaoxiangen
dc.contributor.authorDai, Wenqiangen
dc.date.accessioned2015-08-21T01:07:57Zen
dc.date.accessioned2019-12-06T13:25:38Z-
dc.date.available2015-08-21T01:07:57Zen
dc.date.available2019-12-06T13:25:38Z-
dc.date.copyright2015en
dc.date.issued2015en
dc.identifier.citationFeng, Y., Chen, S., & Dai, W. (2015). The optimal order policy for a capacitated multiple product inventory system under symmetry. Asia-Pacific Journal of Operational Research, 32(02), 1550005-. doi:10.1142/S0217595915500050en
dc.identifier.urihttps://hdl.handle.net/10356/79449-
dc.description.abstractAlthough many researches have conjectured the optimality of the hedging point policy for the multiple-product stochastic capacitated periodic review problem, it is still a challenge to prove the hypothesis. This paper considers a special case of the capacitated multiple-product periodic review problem where stochastic demand distribution, production rate, unit production cost and periodic expected inventory cost are the same for all different products. For this symmetric problem, we prove an optimal policy where ordering and non-ordering regions for every product are defined. Our research provides significant implications to the characterization of the optimal policy for the general problem.en
dc.language.isoenen
dc.relation.ispartofseriesAsia-Pacific journal of operational researchen
dc.rights© 2015 World Scientific Publishing Co. & Operational Research Society of Singapore. This is the author created version of a work that has been peer reviewed and accepted for publication by Asia-Pacific Journal of Operational Research, World Scientific Publishing Co. & Operational Research Society of Singapore. It incorporates referee’s comments but changes resulting from the publishing process, such as copyediting, structural formatting, may not be reflected in this document. The published version is available at: [http://dx.doi.org/10.1142/S0217595915500050].en
dc.subjectStochastic Programmingen
dc.subjectMultiple-producten
dc.subjectDRNTU::Business::Marketing::Researchen
dc.titleThe optimal order policy for a capacitated multiple product inventory system under symmetryen
dc.typeJournal Articleen
dc.contributor.schoolCollege of Business (Nanyang Business School)en
dc.identifier.doi10.1142/S0217595915500050en
dc.description.versionAccepted versionen
item.grantfulltextopen-
item.fulltextWith Fulltext-
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