Browse > Article

An Overview of Inventory Management with Some Suggested Research Topics  

Silver, Edward A. (Haskayne School of Business University of Calgary 2500 University Drive N.W. Calgary)
Publication Information
Journal of Korean Institute of Industrial Engineers / v.34, no.4, 2008 , pp. 373-385 More about this Journal
Abstract
This paper presents an overview of inventory management. This includes a categorization, by a number of dimensions, of inventory problems and associated models. Relevant literature references are provided within the dimensions. The paper points out the continuing gap between theory and practice, followed by a number of suggested research topics to help bridge the gap.
Keywords
Inventory Management; History; Tutorial; Research Agenda;
Citations & Related Records
연도 인용수 순위
  • Reference
1 Arrow, K. J., Karlin, S., and Scarf, H. E. (Eds.) (1958b), Studies in Applied Probability and Management Science, Stanford University Press, Stanford, CA
2 Caux, C., David, F. and Pierreval, H. (2006), Implementation of delayed differentiation in batch process industries : A standardization problem, International Journal of Production Research, 44(16), 3243-3255   DOI   ScienceOn
3 Silver, E. A. (1978), Inventory control under a probabilistic, time-varying demand pattern, AIIE Transactions, 10(4), 371 -379
4 Teunter, R. H. (2006), The multiple-job repair kit problem, European Journal of Operational Research, 175, 1103-1116   DOI   ScienceOn
5 Brosseau, L. J. A. (1982), An inventory replenishment policy for the case of linear decreasing demand, INFOR, 20(3), 252-257
6 Agrawal, N. and Cohen, M. A. (2001), Optimal material control in an assembly system with component commonality, Naval Research Logistics, 48, 409-429   DOI   ScienceOn
7 Atkins, D. R. and Iyogun, P. (1988a), Periodic versus 'can-order' policies for coordinated multi-item inventory systems, Management Science, 34(6), 791-796   DOI   ScienceOn
8 Atkins, D. R. and Iyogun, P. (1988b), A heuristic with lower bound performance guarantee for the multi-product dynamic lot size problem, IIE Transactions, 20(4), 369-373
9 Brown, R. G. (1967), Decision Rules for Inventory Management, Holt, Rinehart and Winston, New York
10 Dvoretsky, A., Kiefer, J., and Wolfowitz, J. (1952a), The inventory problem I : Case of known distributions of demand, Econometrica, 20, 187-222   DOI   ScienceOn
11 Gardner, E. S. (1987), A top-down approach to modeling US Navy inventories, Interfaces, 17(4), 1-7
12 Dvoretsky, A., Kiefer, J., and Wolfowitz, J. (1952b), The inventory problem II : Case of unknown distributions of demand, Econometrica, 20, 450-466   DOI   ScienceOn
13 Eilon, S. (1979), Production scheduling, in Haley, K. B. (Ed.), OR '78, North Holland, Amsterdam
14 Fleischmann, M. and Kuik, R. (2003), On optimal inventory control with independent stochastic item returns, European Journal of Operational Research, 151, 25-37   DOI   ScienceOn
15 Goyal, S. K., Srinivasan, G., and Arcelus, F. J. (1991), One time only incentives and inventory policies, European Journal of Operational Research, 54, 1-6   DOI   ScienceOn
16 Henig, M., Gerchak, Y., Ernst, R., and Pyke, D. (1997), An inventory model embedded in designing a supply contract, Management Science, 43(2), 184-189   DOI   ScienceOn
17 Jackson, P. (1988), Stock allocation in a two-echelon distribution system or 'what to do until your ship comes in', Management Science, 34(7), 880-895   DOI   ScienceOn
18 Jackson, P., Maxwell, W. and Muckstadt, J. (1985), The joint replenishment problem with a powers-of-two restriction, IIE Transactions, 17(1), 25-32   DOI   ScienceOn
19 Jonsson, H., Jörnsten, K., and Silver, E. A. (1993), Application of the scenario aggregation approach to a two-stage, stochastic, common component, inventory problem with a budget constraint, European Journal of Operational Research, 68(2), 196-211   DOI   ScienceOn
20 Jonsson, H. and Silver, E. A. (1985), Impact of processing and queueing times on order quantities, Material Flow Journal, 2, 221-230
21 Parlar, M. and Perry, D. (1995), Analysis of a (Q, r, T) inventory policy with deterministic and random yields when future supply is uncertain, European Journal of Operational Research, 84, 431-443   DOI   ScienceOn
22 Jonsson, H. and Silver, E. A. (1989a), Optimal and heuristic solutions for a simple common component inventory problem, Engineering Costs and Production Economics, 16, 257-267   DOI   ScienceOn
23 Kelle, P. and Silver, E. A. (1989), Purchasing policy of new containers considering the random returns of previously issued containers, IIE Transactions, 21(4), 349-354   DOI
24 Miltenburg, G. J. (1987), Co-ordinated control of a family of discount-related items, INFOR, 25(2), 97-116   DOI
25 Peterson, R. and Silver, E. A. (1979), Decision Systems for Inventory Management and Production Planning, John Wiley and Sons, New York
26 Pyke, D. F. and Johnson, M. E. (2000), A framework for teaching supply chain management, Production and Operations Management, 9(1), 2-18   DOI   ScienceOn
27 Silver, E. A. (1974), A control system for coordinated inventory replenishment, International Journal of Production Research, 12(6), 647-671   DOI   ScienceOn
28 Silver, E. A. (1976a), A simple method of determining order quantities in joint replenishments under deterministic demand, Management Science, 22(12), 1351-1361   DOI   ScienceOn
29 Silver, E. A., Ho, C. M. and Deemer, R. L. (1971), Cost-minimizing inventory control of items having a special type of erratic demand pattern, INFOR, 9(3), 198-219
30 Silver, E. A. and Meal, H. C. (1969), A simple modification of the EOQ for the case of varying demand rate, Production and Inventory Management, 10(4), 52-65
31 van Donselaar, K., van Woensel, T., Broekmeulen, R. and Fransoo, J. (2006), Inventory control of perishables in supermarkets, International Journal of Production Economics, 104(2), 462-472   DOI   ScienceOn
32 Silver, E. A. and Miltenburg, G. J. (1984), Two modifications of the Silver-Meal lot-sizing heuristic, INFOR, 22(1), 56-69
33 Silver, E. A. and Moon, I. (1999), A fast heuristic for minimizing total average cycle stock subject to practical constraints, Journal of the Operational Research Society, 50(8), 789- 796   DOI
34 Silver, E. A. and Rahnama, M. R. (1987), Biased selection of the inventory reorder point when demand parameters are statistically estimated, Engineering Costs and Production Economics, 12, 283-292   DOI   ScienceOn
35 Wang, Y. and Gerchak, Y. (1996), Periodic review production models with variable capacity, random yield, and uncertain demand, Management Science, 42(1), 130-137   DOI   ScienceOn
36 Zhao, X., Fan, F., Liu, X. and Xie, J. (2007), Storage-space capacitated inventory systems with (r, Q) policies, Operations Research, 55(5), 854-865   DOI   ScienceOn
37 Aronis, K. P., Magou, I., Dekker, R., and Tagaras, G. (2004), Inventory control of spare parts using a Bayesian approach : A case study, European Journal of Operational Research, 154, 730-739   DOI   ScienceOn
38 Abad, P. L. (1996), Optimal pricing and lot-sizing under conditions of perishability and partial backordering, Management Science, 42(8), 1093-1104   DOI   ScienceOn
39 Jans, R. and Degraeve, Z. (2008), Modeling industrial lot sizing problems : A review, International Journal of Production Research, 46(6), 1619-1643   DOI   ScienceOn
40 Arcelus, F. J., Pakkala, T. P. M., and Srinivasan, G. (2006), The instant obsolescence problem with price-dependent demand, INFOR, 44(4), 247-266
41 Aucamp, D. C. and Kuzdrall, P. J. (1989), Order quantities with temporary price reductions, Journal of the Operational Research Society, 40(10), 937-940   DOI
42 Baker, K. R., Magazine, M. J., and Nuttle, H. L. W. (1986), The effect of commonality on safety stock in a simple inventory model, Management Science, 32(8), 982-988   DOI   ScienceOn
43 Brumelle, S. and Granot, D. (1993), The repair kit problem revisited, Operations Research, 41(5), 994-1006   DOI   ScienceOn
44 Zipkin, P. H. (2000), Foundations of Inventory Management, McGraw-Hill, New York
45 McGill, J. and van Ryzin, G. (1999), Revenue management : Research overview and prospects, Transportation Science, 33, 233-256   DOI   ScienceOn
46 Mishra, A. K. and Tadikamalla, P. R. (2006), Order splitting in single sourcing with scheduled-release orders, Journal of the Operational Research Society, 57(2), 177-189   DOI
47 Silver, E. A. and Costa, D. (1998), Some replenishment rules considering payment periods and risk of outdating, Journal of the Operational Research Society, 49(8), 861-869   DOI
48 Martel, A. (2003), Policies for multi-echelon supply : DRP systems with probabilistic time-varying demands, INFOR, 41(1), 71-91
49 Jackson, P. and Muckstadt, J. (1989), Risk pooling in a two-period, two-echelon, inventory stocking and allocation problem, Naval Research Logistics, 36(1), 1-26   DOI
50 Jans, R., Degraeve, Z., and Schepens, L. (2008), Analysis of an industrial component commonality problem, European Journal of Operational Research, 186, 801-811   DOI   ScienceOn
51 Miltenburg, G. J. and Silver, E. A. (1984b), The diffusion process and residual stock in periodic review, coordinated control of families of items, International Journal of Production Research, 22(4), 629-646   DOI   ScienceOn
52 Moon, I. and Cha, B. C. (2006), The joint replenishment problem with resource restriction, European Journal of Operational Research, 173, 190-198   DOI   ScienceOn
53 Sethi, S. P. (1984), A quantity discount lot size model with disposals, International Journal of Production Research, 22(1), 31-39   DOI
54 Silver, E. A. and Moon, I. (2001b), Multi-item economic order quantity model with an initial stock of convertible units, Engineering Economist, 46(2), 130-139
55 Simpson, K. (1959), A theory of allocation of stocks to warehouses, Operations Research, 7(6), 796-805
56 Vincent, P. A. (1985), Exact fill rates for items with erratic demand patterns, INFOR, 23(2), 171-181
57 Harris, F. W. (1913), How many parts to make at once, Factory, the Magazine of Management, 10(2), 135-136, 152
58 Brill, P. H. and Chaouch, B. E. (1995), An EOQ model with random variations in demand, Management Science, 41(5), 927-936   DOI   ScienceOn
59 Das, C. (1976), Approximate solution to the (Q, r) inventory model for gamma lead time demand, Management Science, 22(9), 1043-1047   DOI   ScienceOn
60 Goyal, S. K., Hariga, M. A., and Alyan, A. (1996), The trended inventory lot sizing problem with shortages under a new replenishment policy, Journal of the Operational Research Society, 28(2), 245-258
61 Kok, A.G. and Fisher, M. L. (2007), Demand estimation and assortment optimization under substitution : methodology and application, Operations Research 55(6), 1001-1021   DOI   ScienceOn
62 Moon, I. (1994), Multiproduct economic lot size models with investment costs for setup reduction and quality improvement : Review and extensions, International Journal of Production Research, 32(12), 2795-2801   DOI   ScienceOn
63 Moon, I. and Gallego, G. (1994), Distribution free procedures for some inventory models, Journal of the Operational Research Society, 45(6), 651-658   DOI
64 Silver, E. A. (1993), Modelling in support of continuous improvements towards achieving world class operations, in Sarin, R., (Ed.), Perspectives in Operations Management : Essays in Honor of Elwood S. Buffa, Kluwer Academic Publishers, Dordrecht, the Netherlands
65 Jonsson, H. and Silver, E. A. (1989b), Common component inventory problems with a budget constraint : heuristics and upper bounds, Engineering Costs and Production Economics, 18, 71-81   DOI   ScienceOn
66 Lee, H. L. (2003), The academic-industry propelled evolution of supply chain management, Harold Larnder Memorial Lecture, CORS National Conference
67 Moinzadeh, K. (1997), Replenishment and stocking policies for inventory systems with random deal offerings, Management Science, 43(3), 334-342   DOI   ScienceOn
68 Song, J. S. and Zipkin, P. H. (1993), Inventory control in a fluctuating demand environment, Operations Research, 41 (2), 351-370   DOI   ScienceOn
69 Tyworth, J. E., Guo, Y. and Ganeshan, R. (1996), Inventory control under gamma demand and random lead time, Journal of Business Logistics, 17(1), 291-304
70 Rosenfield, D. B. (1992), Optimality of myopic policies in disposing excess inventory, Operations Research, 40(4), 800-803   DOI   ScienceOn
71 Roy, A., Lasdon, L. and Plane, D. (1989), End-user optimization with spreadsheet models, European Journal of Operational Research, 39, 131-137   DOI   ScienceOn
72 Silver, E. A. (1991), A graphical implementation aid for inventory management of slow-moving items, Journal of the Operational Research Society, 42(7), 605-608   DOI
73 Silver, E. A. (2004), An overview of heuristic solution methods, Journal of the Operations Research Society, 55(9), 936-956   DOI   ScienceOn
74 Thompstone, R. M. and Silver, E. A. (1975), A coordinated inventory control system for compound poisson demand and zero lead time, International Journal of Production Research, 13(6), 581-602   DOI   ScienceOn
75 Cohen, M. A., Kleindorfer, P., and Lee, H. L. (1989), Near-optimal service constrained stocking policies for spare parts, Operations Research, 37(1), 104-117   DOI   ScienceOn
76 Boylan, J. and Johnston, F. R. (1994), Relationships between service level measures for inventory systems, Journal of the Operational Research Society, 45(7), 838-844   DOI
77 Costa, D. and Silver, E.A. (1996), Exact and approximate algorithms for the multi-period procurement problem where dedicated supplier capacity can be reserved, Operations Research Spectrum, 18(4), 197-207   DOI
78 Archibald, B. C. and Silver, E. A. (1978), (s, S) Policies under continuous review and discrete compound Poisson demand, Management Science, 24(9), 899-909   DOI   ScienceOn
79 Erlenkotter, D. (1990), Ford Whitman Harris and the economic order quantity model, Operations Research, 38(6), 937-946   DOI   ScienceOn
80 Karr, H. W. and Geisler, M. A. (1956), A fruitful application of static margin analysis, Management Science, 2(4), 313-326   DOI   ScienceOn
81 Dixon, P. S. and Silver, E. A. (1981), A heuristic solution procedure for the multi-item, single-level, limited capacity, lot-sizing problem, Journal of Operations Management, 2(1), 23-40   DOI   ScienceOn
82 Emsermann, M. and Simon, B. (2007), Optimal control of an inventory with simultaneous obsolescence, Interfaces, 37(5), 445-454   DOI   ScienceOn
83 Yelig, E. and Mackulak, G. T. (1997), Robust deterministic scheduling in stochastic environments : The method of capacity hedge points, International Journal of Production Research, 35(2), 369-379   DOI
84 Kelle, P. and Silver, E. A. (1990), Safety stock reduction by order splitting, Naval Research Logistics, 37, 725-743   DOI
85 Kukreja, A. and Schmidt, C.P. (2005), A model for lumpy demand parts in a multi-location inventory system with transshipments, Computers and Operations Research, 32, 2059-2075   DOI   ScienceOn
86 Wagner, H. M. and Whitin, T. M. (1958), Dynamic version of the economic lot size model, Management Science, 5, 89-96   DOI   ScienceOn
87 Scarf, H. E. (1959), Bayes solutions of the statistical inventory problem, Annals of Mathematical Statistics, 30, 490-508   DOI
88 Silver, E. A. and Zufferey, N. (2005), Inventory control of raw materials under stochastic and seasonal lead times, International Journal of Production Research, 43(24), 5161-5179   DOI   ScienceOn
89 Iyogun, P. (1991), Heuristic methods for the multi-product dynamic lot size problem, Journal of the Operational Research Society, 42(10), 889-894   DOI
90 Minner, S. and Silver, E. A. (2005), Multi-product batch replenishment strategies under stochastic demand in a joint capacity constraint, IIE Transactions on Scheduling and Logistics, 37(5), 469-479
91 Axsater, S., Marklund, J., and Silver, E. A. (2002), Heuristic methods for centralized control of one-warehouse N-retailer inventory systems, Manufacturing and Service Operations Management, 4(1), 75-97   DOI
92 Carlson, M. L., Miltenburg, G. J., and Rousseau, J. J. (1996), Economic order quantity and quantity discounts under date-terms supplier credits : a discounted cash flow approach, Journal of the Operational Research Society, 47(3), 384- 394   DOI
93 Craig, R. G. and Silver, E. A. (1972), Containers : deposit charges and inventory control, INFOR, 10(3), 252-263   DOI
94 Archibald, T. W. (2007), Modelling replenishment and transportation decisions in periodic review multilocation systems, Journal of the Operational Research Society, 58(7), 948-956   DOI   ScienceOn
95 Benjaafar, S., Cooper, W. L., and Kim, J. S. (2005), On the benefits of pooling in production-inventory systems, Management Science, 51(4), 548-565   DOI   ScienceOn
96 Eilon, S. and Lampkin, W. (1968), Inventory Control Abstracts (1953-1965), Oliver and Boyd, Edinburgh
97 Gelinas, R., Martel, A. and Lefrancois, P. (1995), SOS : a quantile estimation procedure for dynamic lot-sizing problems, Journal of the Operational Research Society, 46(11), 1337 -1351   DOI
98 Robb, D. J., Bischak, D. P., Silver, E. A. and Blackburn, J. D. (2007), Sourcing decisions under periodic review and stochastic leadtime demand, Working paper, Haskayne School of Business, University of Calgary
99 Pujawan, I. N. and Silver, E. A. (2008), Augmenting the lot sizing order quantity when demand is probabilistic, European Journal of Operational Research, 188(3), 705-722   DOI   ScienceOn
100 Robb, D. J. and Silver, E. A. (2006), Inventory Management under date-terms supplier trade credit with stochastic demand and leadtime, Journal of the Operational Research Society, 57(6), 692-702   DOI   ScienceOn
101 Cao, D. and Silver, E. A. (2005), A dynamic allocation heuristic for centralized safety stock, Naval Research Logistics, 52(6), 513-526   DOI   ScienceOn
102 Silver, E. A. (1976b), Establishing the order quantity when the amount received is uncertain, INFOR, 14(1), 32-39   DOI
103 Gallego, G., Ozer, O., and Zipkin, P. (2007), Bounds, heuristics and approximations for distribution systems, Operations Research, 55(3), 503-517   DOI   ScienceOn
104 Higginson, J. K. and Bookbinder, J. H. (1994), Policy recommendations for a shipment-consolidation program, Journal of Business Logistics, 15(1), 87-112
105 McGillivray, A. R. and Silver, E. A. (1978), Some concepts for inventory control under substitutable demand, INFOR, 16(1), 47-63   DOI   ScienceOn
106 Silver, E. A. and Minner, S. (2005), A replenishment decision involving partial postponement, OR Spectrum, 27(1), 1-19   DOI
107 Miltenburg, G. J. and Pong, H. C. (2007a), Order quantities for style goods with two order opportunities and Bayesian updating of demand. Part I : no capacity constraints, International Journal of Production Research, 45(7), 1643-1663   DOI   ScienceOn
108 Baker, K. R., Dixon, P., Magazine, M. J., and Silver, E. A. (1978), An algorithm for the dynamic lot-size problem with time-varying production capacity constraints, Management Science, 24(16), 1710-1720   DOI   ScienceOn
109 Bookbinder, J. H. and Tan, J. Y. (1988), Strategies for the probabilistic lot-sizing problem with service-level constraints, Management Science, 34(9), 1096-1108   DOI   ScienceOn
110 Buzacott, J. A. (1975), Economic order quantities with inflation, Operational Research Quarterly, 26(3i), 553-558   DOI
111 Minner, S., Silver, E. A. and Robb, D. (2003), An improved heuristic for deciding on emergency transshipments, European Journal of Operational Research, 148, 384-400   DOI   ScienceOn
112 Naseraldin, H. and Silver, E. A. (2007), Integrating a probabilistic one-time special purchasing opportunity with the on-going replenishment decisions, Working paper, Haskayne School of Business, University of Calgary
113 Silver, E. A. (1965a), Some characteristics of a special joint-order inventory model, Operations Research, 13(2), 319-322   DOI   ScienceOn
114 Silver, E. A. (1970), Some results in the inventory control of items with erratic demand patterns, CORS Journal, 8(2), 87-100
115 Humair, S. and Willems, S. P. (2006), Optimizing strategic safety stock placement in supply chains with clusters of commonality, Operations Research, 54(4), 725-742   DOI   ScienceOn
116 Silver, E. A. (2008a), Inventory Management : An overview, Canadian publications, practical applications and suggestions for future research, INFOR, 46(1), 15-27
117 Burgin, T. A. (1975), The gamma distribution and inventory control, Operational Research Quarterly, 26(3i), 507-525   DOI
118 Duran, A., Gutierrez, G., and Zequeira, R. I. (2004), A continuous review inventory model with order expediting, International Journal of Production Economics, 87, 157- 169   DOI   ScienceOn
119 Dvoretsky, A., Kiefer, J., and Wolfowitz, J. (1953), On the optimal character of (s, S) policy in inventory theory, Econometrica, 20, 586-596
120 Galliher, H. P., Morse, P. M., and Simond, M. (1959), Dynamics of two classes of continuous-review inventory systems, Operations Research, 7(3), 362-384   DOI   ScienceOn
121 Lee, H. L., Billington, C. and Carter, B. (1993), Hewlett- Packard gains control of inventory and service through design for localization, Interfaces, 23(4), 1-11
122 Minner, S. and Silver, E. A. (2007), Replenishment policies for multiple products with compound-Poisson demand that share a common warehouse, International Journal of Production Economics, 18, 388-398
123 Silver, E. A. (1979), A simple inventory replenishment decision rule for a linear trend in demand, Journal of the Operational Research Society, 30(1), 71-75   DOI
124 Silver, E. A. (2008b), Some ideas on enhancing research productivity, International Journal of Production Economics, in press
125 Silver, E. A. and Rahnama, M. R. (1986), The cost effects of statistical sampling in selecting the reorder point in a common inventory model, Journal of the Operational Research Society, 37(7), 705-713   DOI
126 Silver, E. A. and Moon, I. (2001a), The multi-item single period problem with an initial stock of convertible units, European Journal of Operational Research, 132, 466-477   DOI   ScienceOn
127 Cohen, M. A., Kamesam, P., Kleindorfer, P., Lee, H. L., and Tekerian, A. (1990), Optimizer : IBM's multi-echelon inventory system for managing service logistics, Interfaces, 20(1), 65-82
128 Guide, V. D. R. and van Wassenhove, L. N. (2006), Closedloop supply chains : An introduction to the feature issue (part 1), Production and Operations Management, 15(3), 345- 350   DOI   ScienceOn
129 Jain, K. and Silver, E. A. (1995), The single-period procurement problem where dedicated supplier capacity can be reserved, Naval Research Logistics, 42, 915-934   DOI   ScienceOn
130 Silver, E. A. and Meal, H. C. (1973), A heuristic for selecting lot size quantities for the case of a deterministic time-varying demand rate and discrete opportunities for replenishment, Production and Inventory Management, 14(2), 64-74
131 Bichler, M. and Steinberg, R. (2007), Introduction to the special issue on e-auctions for procurement operations, Production and Operations Management, 16(4), 401-403   DOI   ScienceOn
132 Alscher, J. and Schneeweiss, C. (1987), Performance of constrained multi-item inventory systems within a rolling horizon regime, Engineering Costs and Production Economics, 11, 193-202   DOI
133 Arcelus, F. J. and Srinivasan, G. (1993), Delay of payments for extraordinary purchases, Journal of the Operational Research Society, 44(8), 785-795   DOI
134 Arrow, K. J., Karlin, S., and Scarf, H. E. (Eds.) (1958a), Studies in the Mathematical Theory of Inventory and Production, Stanford University Press, Stanford, CA
135 Elhedli, S. and Benli, O. S. (2005), Optimal lot sizing under carload discount schedules, INFOR, 43(4), 361-370
136 Silver, E. A. (1965b), Bayesian determination of the reorder point of a slow moving item, Operations Research, 13(6), 989-997   DOI   ScienceOn
137 Grossman, T. A. (1999), Why spreadsheets should be in OR/ MS practitioners' tool kits, OR/MS Today, 26(2), 20-21
138 Kutanoglu, E. (2008), Insights into inventory sharing in service parts logistics systems with time-based service levels, Computers and Industrial Engineering, 54, 341-358   DOI   ScienceOn
139 Murray, G. R. and Silver, E. A. (1966), A Bayesian analysis of the style goods inventory problem, Management Science, 12(11), 785-797   DOI   ScienceOn
140 Porteus, E. (1986), Optimal lot sizing, process quality improvement and setup cost reduction, Operations Research, 34(1), 137-144   DOI   ScienceOn
141 Teunter, R. H., van der Laan, E. and Vlachos, D. (2004), Inventory strategies for systems with fast remanufacturing, Journal of the Operational Research Society, 55(5), 475- 484   DOI   ScienceOn
142 Silver, E. A., Pyke, D. F., and Peterson, R. (1998), Inventory Management and Production Planning and Scheduling, Third Edition, John Wiley and Sons, New York
143 He, Q. M., Jewkes, E. M., and Buzacott, J. (2002), The value of information used in inventory control of a make-to-order inventory- production system, IIE Transactions, 34, 999-1013
144 Moon, I., Silver, E. A. and Shim, J. (2006), Recycling and purchasing policies for multiple convertible units, Journal of the Korean Society of SCM, 6(2), 109-120
145 Nilsson, A. and Silver, E. A. (2008), A simple improvement on Silver's heuristic for the joint replenishment problem, Journal of the Operational Research Society, 59(10), 1415-1421   DOI   ScienceOn
146 Miltenburg, G. J. and Pong, H. C. (2007b), Order quantities for style goods with two order opportunities and Bayesian updating of demand. Part II : capacity constraints, International Journal of Production Research, 45(8), 1707-1723   DOI   ScienceOn
147 Agrawal, N. and Smith, S. A. (2003), Optimal retail assortments for substitutable items purchased in sets, Naval Research Logistics, 50, 794-822
148 Cohen, M. A., Kleindorfer, P., and Lee, H. L. (1986), Optimal stocking policies for low usage items in multi-echelon inventory systems, Naval Research Logistics Quarterly, 33, 17-38   DOI
149 Dixon, P. S., Elder, M. D., Rand, G. K., and Silver, E. A. (1983), A heuristic algorithm for determining lot sizes of an item subject to regular and overtime production capacities, Journal of Operations Management, 3(3), 121-130   DOI   ScienceOn
150 Hadley, G. and Whitin, T. M. (1963), Analysis of Inventory Systems, Prentice-Hall, Englewood Cliffs, N.J
151 Sepehri, M., Silver, E. A. and New, C. (1986), A heuristic for multiple lot sizing for an order under variable yield, IIE Transactions, 18(1), 63-69   DOI
152 Silver, E. A. (1981a), Operations research in inventory management : A review and critique, Operations Research, 29(4), 628-645   DOI   ScienceOn
153 Wagner, H. M. (2002), And then there were none, Operations Research, 50(1), 217-226   DOI   ScienceOn
154 Willemain, T. R., Smart, C. N. and Schwarz, H. F. (2004), A new approach to forecasting intermittent demand for service parts inventories, International Journal of Forecasting, 20, 375-387   DOI   ScienceOn
155 Woolsey, R. E. D. (2006), The fifth column : homage to Doc Savage 2, or "Yes, I know you can solve it with an optimum method, but what are you going to tell your customer if he asks, 'How does it do that', Interfaces, 36(4), 342-343   DOI
156 Goyal, S. K. (1973), Determination of economic packaging frequency for items jointly replenished, Management Science, 20(2), 232-235   DOI   ScienceOn
157 Goyal, S. K. (1985), Economic order quantity under conditions of permissible delay in payments, Journal of the Operational Research Society, 36(4) 335-338   DOI
158 Wang, P. and Hill, J. (2006), Recursive behavior of safety stock reduction : The effect of lead-time uncertainty, Decision Sciences, 37(2), 285-290   DOI   ScienceOn
159 Goyal, S. K. (1975), Analysis of joint replenishment inventory systems with resource restriction, Operational Research Quarterly, 26(1ii), 197-203   DOI
160 Gerchak, Y., Magazine, M. J. and Gamble, B. (1988), Component commonality with service level requirements, Management Science, 34(6), 753-760   DOI   ScienceOn
161 Jonsson, H. and Silver, E. A. (1987b), Stock allocation among a central warehouse and identical regional warehouses in a particular PUSH inventory control system, International Journal of Production Research, 25(2), 191-205   DOI   ScienceOn
162 Miltenburg, G. J. and Silver, E. A. (1984a), Accounting for residual stock in continuous review co-ordinated control of a family of items, International Journal of Production Research, 22(4), 607-628   DOI   ScienceOn
163 Dolgui, A. and Pashkevich, M. (2008), On the performance of binomial and beta-binomial models of demand forecasting for multiple slow-moving inventory items, Computers and Operations Research, 35, 893-905   DOI   ScienceOn
164 Moon, I. and Silver, E. A. (2000), The multi-item newsvendor problem with a budget constraint and fixed ordering costs, Journal of the Operational Research Society, 51(5), 602- 608   DOI
165 Silver, E. A. and Willoughby, K. A. (1999), Disposal of excess stock at the end of a project when facing on-going operational usage, International Journal of Production Economics, 59, 189-194   DOI   ScienceOn
166 Zhao, Y. (2002), The value of information sharing in a twostage supply chain with production capacity constraints : The infinite horizon case, Manufacturing and Service Operations Management, 4(1), 21-24   DOI
167 Axsater, S. (2006), Inventory Control, Second Edition, Springer- Verlag, Berlin
168 Das, C. (1984), A graphical approach to price-break analysis-3, Journal of the Operational Research Society, 35(11), 995-1001   DOI
169 Bookbinder, J. H. and H'Ng, B. T. (1986), Rolling horizon production planning for probabilistic time-varying demands, International Journal of Production Research, 24(6), 1439-1458   DOI   ScienceOn
170 Arslan, H., Graves, S. C., and Roemer, T. A. (2007), A single- product inventory model for multiple demand classes, Management Science, 53(9), 1486-1500   DOI   ScienceOn
171 Bookbinder, J. H. and Lordahl, A. (1989), Estimation of inventory re-order levels using the bootstrap statistical procedure, IIE Transactions, 21(4), 302-312   DOI
172 Jonsson, H. and Silver, E. A. (1987a), Analysis of a two-echelon inventory control system with complete redistribution, Management Science, 33(2), 215-227   DOI   ScienceOn
173 Arcelus, F. J. and Rowcroft, J. E. (1992), All-units quantity- freight discounts with disposals, European Journal of Operational Research, 57, 77-88   DOI   ScienceOn
174 Arcelus, F. J. and Srinivasan, G. (1995), Discount strategies for one-time-only sales, IIE Transactions, 27, 618-624   DOI   ScienceOn
175 Arrow, K. J., Harris, T., and Marshak, J. (1951), Optimal inventory policy, Econometrica, 19, 250-272   DOI   ScienceOn
176 Silver, E. A. (1981b), Establishing reorder points in the (S, c, s) coordinated control system under compound Poisson demand, International Journal of Production Research, 19, 743-750   DOI
177 Strijbosch, L. W. G. and Moors, J. J. A. (2005), The impact of unknown demand parameters on (R, S)-inventory control performance, European Journal of Operational Research, 162, 805-815   DOI   ScienceOn
178 Tagaras, G. and Cohen, M. (1992), Pooling in two-location inventory systems with non-negligible replenishment lead times, Management Science, 38(8), 1067-1083   DOI   ScienceOn
179 Viswanathan, S. (2002), On optimal algorithms for the joint replenishment problem, Journal of the Operational Research Society, 53(11), 1286-1290   DOI   ScienceOn
180 Goyal, S. K. (1988), Economic ordering policy for jointly replenished items, International Journal of Production Research, 26(7), 1237-1240   DOI   ScienceOn
181 Martel, A., Diaby, M. and Boctor, F. (1995), Multiple items procurement under stochastic nonstationary demands, European Journal of Operational Research, 87, 74-92   DOI   ScienceOn
182 Naddor, E. (1966), Inventory Systems, John Wiley and Sons, New York
183 Wagner, H. M. (1962), Statistical Management of Inventory Systems, John Wiley and Sons, New York
184 Wang, Y., Cohen, M. A. and Zheng, Y. (2002), Differentiating customer service on the basis of delivery lead-times, IIE Transactions, 34, 979-989
185 Zanakis, S. H., Austin, L. M., Nowading, D. C. and Silver, E. A. (1980), From teaching to implementing inventory management : problems of translation, Interfaces, 10, 103-110
186 Li, Q., Xu, H. and Zheng, S. (2008), Periodic-review inventory systems with random yield and demand : Bounds and heuristics, IIE Transactions, 40, 434-444   DOI   ScienceOn
187 Bossert, J. M. and Willems, S. P. (2007), A periodic-review modeling approach for guaranteed service supply chains, Interfaces, 37(5), 420-435   DOI   ScienceOn
188 Das, C. (1990), An algorithm for selecting quantity discounts from realistic schedules, Journal of the Operational Research Society, 41(2), 165-172   DOI
189 Graman, G. A. and Magazine, M. J. (2002), A numerical analysis of capacitated postponement, Production and Operations Management, 11(3), 340-357   DOI   ScienceOn
190 Hu, J., Munson, C. L., and Silver, E. A. (2004), A modified Silver-Meal heuristic for dynamic lot-sizing under incremental quantity discounts, Journal of the Operational Research Society, 55(6), 671-673   DOI   ScienceOn
191 Robb, D. J. and Silver, E. A. (1998), Inventory management with periodic ordering and minimum order quantities, Journal of the Operational Research Society, 49(10), 1085-1094   DOI
192 Silver, E. A., Robb, D. J. and Rahnama, M. R. (1993), Random opportunities for reduced cost replenishments, IIE Transactions, 25(2), 111-120