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The value of advance demand information in production/inventory systems
dc.creator | Karaesmen, F. | en |
dc.creator | Liberopoulos, G. | en |
dc.creator | Dallery, Y. | en |
dc.date.accessioned | 2015-11-23T10:32:54Z | |
dc.date.available | 2015-11-23T10:32:54Z | |
dc.date.issued | 2004 | |
dc.identifier | 10.1023/b:anor.0000012278.41301.24 | |
dc.identifier.issn | 0254-5330 | |
dc.identifier.uri | http://hdl.handle.net/11615/28942 | |
dc.description.abstract | Advance demand information, when used effectively, improves the performance of production/inventory systems. In this paper, we investigate the value of advance demand information in production/inventory systems. For a single-stage make-to-stock queue, we assess the value of using advance demand information under a variety of assumptions on the cost of obtaining advance demand information, and the delivery timing requirements. This analysis enables us to identify conditions under which advance demand information may bring significant benefits. | en |
dc.source | Annals of Operations Research | en |
dc.source.uri | <Go to ISI>://WOS:000188211900006 | |
dc.subject | production/inventory systems | en |
dc.subject | make-to-stock queue | en |
dc.subject | advance demand | en |
dc.subject | information | en |
dc.subject | base stock policies | en |
dc.subject | ORDER INFORMATION | en |
dc.subject | INVENTORY SYSTEM | en |
dc.subject | STOCK | en |
dc.subject | TIME | en |
dc.subject | Operations Research & Management Science | en |
dc.title | The value of advance demand information in production/inventory systems | en |
dc.type | journalArticle | en |
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