{"id":"https://openalex.org/W2234181821","doi":"https://doi.org/10.1051/ro/2015021","title":"Optimal Control Policy of an Inventory System with Postponed Demand","display_name":"Optimal Control Policy of an Inventory System with Postponed Demand","publication_year":2015,"publication_date":"2015-06-17","ids":{"openalex":"https://openalex.org/W2234181821","doi":"https://doi.org/10.1051/ro/2015021","mag":"2234181821"},"language":"en","primary_location":{"id":"doi:10.1051/ro/2015021","is_oa":false,"landing_page_url":"https://doi.org/10.1051/ro/2015021","pdf_url":null,"source":{"id":"https://openalex.org/S20631277","display_name":"RAIRO - Operations Research","issn_l":"0399-0559","issn":["0399-0559","1290-3868","2804-7303"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319748","host_organization_name":"EDP Sciences","host_organization_lineage":["https://openalex.org/P4310319748","https://openalex.org/P4310319982"],"host_organization_lineage_names":["EDP Sciences","Science Press"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"RAIRO - Operations Research","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5001314006","display_name":"P. Chitra Devi","orcid":null},"institutions":[{"id":"https://openalex.org/I4210119396","display_name":"Social Service Sericulture Project Trust","ror":"https://ror.org/02sb4r018","country_code":"IN","type":"nonprofit","lineage":["https://openalex.org/I4210119396"]},{"id":"https://openalex.org/I4394709139","display_name":"G.T.N. Arts College","ror":"https://ror.org/04tmf7v73","country_code":null,"type":"education","lineage":["https://openalex.org/I4394709139"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"P. Chitra Devi","raw_affiliation_strings":["Department of Mathematics, G.T.N. Arts College, Dindigul, 624005 Tamilnadu, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Mathematics, G.T.N. Arts College, Dindigul, 624005 Tamilnadu, India","institution_ids":["https://openalex.org/I4210119396","https://openalex.org/I4394709139"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5078815325","display_name":"B. Sivakumar","orcid":"https://orcid.org/0000-0002-7062-4252"},"institutions":[{"id":"https://openalex.org/I13268429","display_name":"Madurai Kamaraj University","ror":"https://ror.org/04c8e9019","country_code":"IN","type":"education","lineage":["https://openalex.org/I13268429"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"B. Sivakumar","raw_affiliation_strings":["Department of Applied Mathematics and Statistics, Madurai Kamaraj Univesity Madurai, 625021 Tamilnadu, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Applied Mathematics and Statistics, Madurai Kamaraj Univesity Madurai, 625021 Tamilnadu, India","institution_ids":["https://openalex.org/I13268429"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5066888364","display_name":"A. Krishnamoorthy","orcid":"https://orcid.org/0000-0002-5911-1325"},"institutions":[{"id":"https://openalex.org/I20497027","display_name":"Cochin University of Science and Technology","ror":"https://ror.org/00a4kqq17","country_code":"IN","type":"education","lineage":["https://openalex.org/I20497027"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"A. Krishnamoorthy","raw_affiliation_strings":["Department of Mathematics, Cochin University of Science & Technology, 682022 Kerala, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Mathematics, Cochin University of Science & Technology, 682022 Kerala, India","institution_ids":["https://openalex.org/I20497027"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":4,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":1.0017,"has_fulltext":false,"cited_by_count":7,"citation_normalized_percentile":{"value":0.82172222,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":96},"biblio":{"volume":"50","issue":"1","first_page":"145","last_page":"155"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9997000098228455,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9997000098228455,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10974","display_name":"Advanced Queuing Theory Analysis","score":0.9869999885559082,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10551","display_name":"Scheduling and Optimization Algorithms","score":0.9868999719619751,"subfield":{"id":"https://openalex.org/subfields/2209","display_name":"Industrial and Manufacturing Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/inventory-control","display_name":"Inventory control","score":0.699009895324707},{"id":"https://openalex.org/keywords/markov-decision-process","display_name":"Markov decision process","score":0.6085097789764404},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.5505203008651733},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.5278006792068481},{"id":"https://openalex.org/keywords/holding-cost","display_name":"Holding cost","score":0.5106704831123352},{"id":"https://openalex.org/keywords/poisson-distribution","display_name":"Poisson distribution","score":0.49685075879096985},{"id":"https://openalex.org/keywords/exponential-distribution","display_name":"Exponential distribution","score":0.4954160451889038},{"id":"https://openalex.org/keywords/stockout","display_name":"Stockout","score":0.4715411961078644},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.4594190716743469},{"id":"https://openalex.org/keywords/bernoullis-principle","display_name":"Bernoulli's principle","score":0.4376915991306305},{"id":"https://openalex.org/keywords/exponential-function","display_name":"Exponential function","score":0.42725294828414917},{"id":"https://openalex.org/keywords/order","display_name":"Order (exchange)","score":0.4270189106464386},{"id":"https://openalex.org/keywords/dynamic-programming","display_name":"Dynamic programming","score":0.4207202196121216},{"id":"https://openalex.org/keywords/markov-chain","display_name":"Markov chain","score":0.41949886083602905},{"id":"https://openalex.org/keywords/markov-process","display_name":"Markov process","score":0.40577685832977295},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.3531375527381897},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.2784654200077057},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.2278214991092682},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.12177351117134094}],"concepts":[{"id":"https://openalex.org/C117938511","wikidata":"https://www.wikidata.org/wiki/Q3634830","display_name":"Inventory control","level":2,"score":0.699009895324707},{"id":"https://openalex.org/C106189395","wikidata":"https://www.wikidata.org/wiki/Q176789","display_name":"Markov decision process","level":3,"score":0.6085097789764404},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.5505203008651733},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.5278006792068481},{"id":"https://openalex.org/C192365026","wikidata":"https://www.wikidata.org/wiki/Q5046829","display_name":"Holding cost","level":2,"score":0.5106704831123352},{"id":"https://openalex.org/C100906024","wikidata":"https://www.wikidata.org/wiki/Q205692","display_name":"Poisson distribution","level":2,"score":0.49685075879096985},{"id":"https://openalex.org/C55350006","wikidata":"https://www.wikidata.org/wiki/Q237193","display_name":"Exponential distribution","level":2,"score":0.4954160451889038},{"id":"https://openalex.org/C50601946","wikidata":"https://www.wikidata.org/wiki/Q962928","display_name":"Stockout","level":2,"score":0.4715411961078644},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.4594190716743469},{"id":"https://openalex.org/C152361515","wikidata":"https://www.wikidata.org/wiki/Q181328","display_name":"Bernoulli's principle","level":2,"score":0.4376915991306305},{"id":"https://openalex.org/C151376022","wikidata":"https://www.wikidata.org/wiki/Q168698","display_name":"Exponential function","level":2,"score":0.42725294828414917},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.4270189106464386},{"id":"https://openalex.org/C37404715","wikidata":"https://www.wikidata.org/wiki/Q380679","display_name":"Dynamic programming","level":2,"score":0.4207202196121216},{"id":"https://openalex.org/C98763669","wikidata":"https://www.wikidata.org/wiki/Q176645","display_name":"Markov chain","level":2,"score":0.41949886083602905},{"id":"https://openalex.org/C159886148","wikidata":"https://www.wikidata.org/wiki/Q176645","display_name":"Markov process","level":2,"score":0.40577685832977295},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.3531375527381897},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2784654200077057},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.2278214991092682},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.12177351117134094},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.0},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.0},{"id":"https://openalex.org/C146978453","wikidata":"https://www.wikidata.org/wiki/Q3798668","display_name":"Aerospace engineering","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1051/ro/2015021","is_oa":false,"landing_page_url":"https://doi.org/10.1051/ro/2015021","pdf_url":null,"source":{"id":"https://openalex.org/S20631277","display_name":"RAIRO - Operations Research","issn_l":"0399-0559","issn":["0399-0559","1290-3868","2804-7303"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319748","host_organization_name":"EDP Sciences","host_organization_lineage":["https://openalex.org/P4310319748","https://openalex.org/P4310319982"],"host_organization_lineage_names":["EDP Sciences","Science Press"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"RAIRO - Operations Research","raw_type":"journal-article"},{"id":"pmh:oai:numdam.org:RO_2016__50_1_145_0","is_oa":false,"landing_page_url":"https://www.numdam.org/articles/10.1051/ro/2015021/","pdf_url":null,"source":{"id":"https://openalex.org/S4306402264","display_name":"French digital mathematics library (Numdam)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I70900168","host_organization_name":"Universit\u00e9 Savoie Mont Blanc","host_organization_lineage":["https://openalex.org/I70900168"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Text"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":10,"referenced_works":["https://openalex.org/W1966380811","https://openalex.org/W1966796293","https://openalex.org/W1978415596","https://openalex.org/W2006545445","https://openalex.org/W2048769368","https://openalex.org/W2051224324","https://openalex.org/W2068656912","https://openalex.org/W2087963055","https://openalex.org/W2264882411","https://openalex.org/W2296322821"],"related_works":["https://openalex.org/W4388451812","https://openalex.org/W2990025397","https://openalex.org/W2122935401","https://openalex.org/W2553105188","https://openalex.org/W2791498598","https://openalex.org/W2019887556","https://openalex.org/W2553764261","https://openalex.org/W1981814371","https://openalex.org/W817679516","https://openalex.org/W2078903237"],"abstract_inverted_index":{"This":[0],"paper":[1],"deals":[2],"with":[3,21],"the":[4,8,12,51,85,102,110,121,141,150,155,161,170,195],"problem":[5,132,177],"of":[6,11,15,97,143,149,157,166],"controlling":[7],"selection":[9,122],"rates":[10],"pooled":[13],"customer":[14],"a":[16,29,74,95,106,128,136,147,181],"single":[17],"commodity":[18],"inventory":[19,34,52,112,152],"system":[20,103],"postponed":[22],"demands.":[23],"The":[24,32,40,68,131,176,185],"demands":[25,86],"arrive":[26],"according":[27,104],"to":[28,55,105,134,168],"Poisson":[30],"process.":[31],"maximum":[33],"level":[35,53,113,153],"is":[36,43,47,66,78,114,133,178,188],"fixed":[37],"at":[38,163],"S.":[39],"ordering":[41],"policy":[42,45,187],"(s,S)":[44],"that":[46,84,87,139],"as":[48,80,146,180],"and":[49,120,154,194],"when":[50],"drops":[54],"s":[56],"an":[57],"order":[58],"for":[59],"Q(":[60],"=":[61],"S":[62],"\u2212":[63],"s)":[64],"items":[65,70],"placed.":[67],"ordered":[69],"are":[71,117,197],"received":[72],"after":[73],"random":[75],"time,":[76],"which":[77],"distributed":[79],"exponential.":[81],"We":[82],"assume":[83],"occur":[88],"during":[89],"stock":[90],"out":[91],"period":[92],"either":[93],"enter":[94],"pool":[96,162],"finite":[98],"size":[99],"or":[100],"leave":[101],"Bernoulli":[107],"distribution.":[108],"Whenever":[109],"on-hand":[111,151],"positive,":[115],"customers":[116,158],"selected":[118],"one-by-one":[119],"rate":[123,142],"can":[124],"be":[125],"chosen":[126],"from":[127],"given":[129],"set.":[130],"determine":[135],"decision":[137,183],"rule":[138],"specifies":[140],"these":[144],"selections":[145],"function":[148],"number":[156],"waiting":[159],"in":[160],"each":[164],"instant":[165],"time":[167],"minimise":[169],"long-run":[171],"total":[172],"expected":[173],"cost":[174],"rate.":[175],"modelled":[179],"semi-Markov":[182],"problem.":[184],"optimal":[186],"computed":[189],"using":[190],"Linear":[191],"Programming":[192],"algorithm":[193],"results":[196],"illustrated":[198],"numerically.":[199]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":2},{"year":2021,"cited_by_count":2},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":1}],"updated_date":"2026-08-15T07:11:24.734988","created_date":"2016-06-24T00:00:00"}
