Stock Rationing

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Supply Chain and Inventory Management Management and Optimization Techniques Facility Location and Emergency Management

Abstract

A supplier may distinguish between the demands be receives for an item, attaching greater importance to satisfying some categories of demand than others. This paper discusses use of reserve levels, i. e, stock levels at which to stop issuing in response to lower priority demand. An algorithm which calculates optimum reserve levels is developed. Its effectiveness is compared to use of unsophisticated policies.

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1996Rationing Capacity Between Two Product Classes 1998Multiperiod Airline Overbooking with a Single Fare Class 1999An Overview of Inventory Systems with Several Demand Classes 2002INVENTORY RATIONING AND SHIPMENT FLEXIBILITY ALTERNATIVES FOR DIRECT MARKET FIRMS 1985Optimal Rationing Policies and Production Quantities for Products with Several Demand Classes 2009A dynamic rationing policy for continuous-review inventory systems 2019A review of operational spare parts service logistics in service control towers 2011The stochastic EOQ model with random sales price

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