The Value of Advance Demand Information in Production/Inventory Systems
The Value of Advance Demand Information in Production/Inventory Systems
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DOI:
10.1023/b:anor.0000012278.41301.24
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发表时间:
2004-02
影响因子:
4.8
通讯作者:
F. Karaesmen;G. Liberopoulos;Y. Dallery
中科院分区:
文献类型:
--
作者:
F. Karaesmen;G. Liberopoulos;Y. Dallery
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.