Journal of the Korean Operations Research and Management Science Society (한국경영과학회지)

The Korean Operations Research and Management Science Society (한국경영과학회)
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Sensitivity Analysis for a Make-to-Order Inventory-Production System with Limited Order Acceptance Level

제한된 주문허용 수준을 갖는 주문공산 재고시스템을 위한 민감도 분석

  • 김은갑 (이화여자대학교 경영대학) ;
  • 김지승 (경일대학교 경영공학과)
  • Published : 2005.06.01
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Abstract

This paper considers a make-to-order inventory-production system in which customer orders are admitted only when the number of outstanding customer orders is below a value committed by the system. We deal with general distributions for the customer order Inter-arrival, production, and replenishment lead time processes. Monotonicities of the optimal average cost with respect to these distribution parameters are established using sample path coupling arguments. When distributions are given as an exponential one, we implement a sensitivity analysis on the optimal inventory policy and show that it has monotonicities with respect to system costs using dynamic programming.

Keywords

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