Theses and Dissertations

Huseyin Tunc

Issuing Body

Mississippi State University

Advisor

Eksioglu, Burak

Committee Member

Keskin, Burcu

Committee Member

Jin, Mingzhou

Committee Member

Eksioglu, Sandra D.

Date of Degree

5-12-2012

Original embargo terms

MSU Only Indefinitely

Document Type

Dissertation - Campus Access Only

Major

Industrial Engineering

Degree Name

Doctor of Philosophy

College

James Worth Bagley College of Engineering

Department

Department of Industrial and Systems Engineering

Abstract

Inventory control problems constitute one of the most important research problems due to their connection with real life applications. Naturally, real life is full of uncertainty so are the most of the inventory problems. Unfortunately, it is a very challenging task to manage inventories effectively especially under uncertainty. This dissertation mainly deals with single-item, periodic review, and stochastic dynamic inventory control problems particularly on replenishment cycle control rule known as the (R, S) policy. Contribution of this thesis is multiold. In each chapter a particular research question is investigated. At the end of the day, we will be showing that non-stationary (R, S) policies are indispensable not only for its cost efficiency but its effectiveness and practicality. More specifically, the non-stationary (R, S) policy provides a convenient, efficient, effective, and modular solution for non-stationary stochastic inventory control problems.

URI

https://hdl.handle.net/11668/17987

Comments

Inventory policies||stochastic demand||non-stationary||lot-sizing

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