A new approach to two-location joint inventory and transshipment control via L-(sic)-convexity

作者：Chen Xin; Gao Xiangyu; Hu Zhenyu^*

来源：Operations Research Letters, 2015, 43(1): 65-68.

DOI：10.1016/j.orl.2014.11.007

• L-(sic)-convexity
• Dynamic programming
• Transshipment
• Inventory control
• Uncertain capacity

We provide a new approach to the analysis of the optimal joint inventory and transshipment control with uncertain capacities by employing the concept of L-(sic)-convexity. In this approach, we use variable transformation techniques and apply two recent results to establish the L-(sic)-concavity of the profit-to-go functions, which significantly simplifies the analysis in the existing literature. Some variations of the basic model can also be analyzed using our approach with minor modifications.

• 出版日期2015-1