{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2024,8,8]],"date-time":"2024-08-08T02:53:19Z","timestamp":1723085599627},"reference-count":49,"publisher":"IGI Global","issue":"1","content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":[],"published-print":{"date-parts":[[2018,1]]},"abstract":"<jats:p>Designing an aggregate plan is essential for firms to improve the efficiency of their inventory management as well as maintaining supplier relationships over a long run. Aggregate plan is primarily a function of demand uncertainty and the inventory policy in place. Firms tend to follow either a periodic review model ( system) or a perpetual model ( system) for managing inventory time to time; the former being more prevalent due to lower inventory monitoring costs associated. The article proposes a mathematical model that incorporates the principles of  inventory model in deciding on the key components of an aggregate plan for each period in a multi-period stochastic demand environment for both stationary and non-stationary demand scenarios. The article also provides numerical illustrations to demonstrate the application of the model.<\/jats:p>","DOI":"10.4018\/ijsds.2018010103","type":"journal-article","created":{"date-parts":[[2018,2,1]],"date-time":"2018-02-01T15:17:45Z","timestamp":1517498265000},"page":"29-44","source":"Crossref","is-referenced-by-count":2,"title":["Aligning Aggregate Planning with (s,S) Inventory Model in a Stochastic Demand Environment"],"prefix":"10.4018","volume":"9","author":[{"given":"Shantanu Shankar","family":"Bagchi","sequence":"first","affiliation":[{"name":"Institute of Management Technology Hyderabad, Hyderabad, India"}]},{"given":"Rik","family":"Paul","sequence":"additional","affiliation":[{"name":"IBS Hyderabad (Constituent of IFHE University), Hyderabad, India"}]}],"member":"2432","reference":[{"key":"IJSDS.2018010103-0","doi-asserted-by":"publisher","DOI":"10.2307\/1906813"},{"key":"IJSDS.2018010103-1","doi-asserted-by":"crossref","first-page":"571","DOI":"10.1016\/S0927-0507(05)80191-4","article-title":"Requirements Planning","volume":"Vol. 3","author":"K. R.Baker","year":"1993","journal-title":"Handbooks in Operations Research and Management Science"},{"key":"IJSDS.2018010103-2","doi-asserted-by":"publisher","DOI":"10.1080\/00207540110061607"},{"key":"IJSDS.2018010103-3","doi-asserted-by":"publisher","DOI":"10.1007\/s00186-012-0411-8"},{"key":"IJSDS.2018010103-4","doi-asserted-by":"publisher","DOI":"10.1111\/poms.12072"},{"key":"IJSDS.2018010103-5","doi-asserted-by":"publisher","DOI":"10.1287\/opre.4.1.100"},{"key":"IJSDS.2018010103-6","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.9.2.310"},{"key":"IJSDS.2018010103-7","doi-asserted-by":"publisher","DOI":"10.1108\/01443579310038769"},{"key":"IJSDS.2018010103-8","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.40.12.1678"},{"key":"IJSDS.2018010103-9","unstructured":"Charnes, A. C. (1961). Management models and industrial applications of linear programming. New York: Wiley. Retrieved from http:\/\/www.sidalc.net\/cgi-bin\/wxis.exe\/?IsisScript=UACHBC.xis&method=post&formato=2&cantidad=1&expresion=mfn=028274"},{"key":"IJSDS.2018010103-10","doi-asserted-by":"publisher","DOI":"10.3390\/su71215819"},{"key":"IJSDS.2018010103-11","doi-asserted-by":"publisher","DOI":"10.24846\/v22i3y201302"},{"key":"IJSDS.2018010103-12","doi-asserted-by":"publisher","DOI":"10.1016\/j.arcontrol.2007.02.007"},{"key":"IJSDS.2018010103-13","doi-asserted-by":"publisher","DOI":"10.2307\/1907924"},{"key":"IJSDS.2018010103-14","doi-asserted-by":"publisher","DOI":"10.1109\/TSMCA.2003.817032"},{"key":"IJSDS.2018010103-15","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.20.12.1569"},{"key":"IJSDS.2018010103-16","doi-asserted-by":"publisher","DOI":"10.1287\/opre.12.5.725"},{"key":"IJSDS.2018010103-17","doi-asserted-by":"publisher","DOI":"10.1016\/S0925-5273(97)00094-7"},{"key":"IJSDS.2018010103-18","doi-asserted-by":"publisher","DOI":"10.1016\/S0925-5273(98)00016-4"},{"key":"IJSDS.2018010103-19","doi-asserted-by":"publisher","DOI":"10.4018\/jsds.2012040104"},{"key":"IJSDS.2018010103-20","doi-asserted-by":"publisher","DOI":"10.1080\/00207540500218967"},{"key":"IJSDS.2018010103-21","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.2.2.159"},{"key":"IJSDS.2018010103-22","doi-asserted-by":"publisher","DOI":"10.1007\/s11832-009-0177-6"},{"key":"IJSDS.2018010103-23","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.9.2.259"},{"key":"IJSDS.2018010103-24","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.13.11.843"},{"key":"IJSDS.2018010103-25","doi-asserted-by":"publisher","DOI":"10.1002\/asmb.1918"},{"key":"IJSDS.2018010103-26","doi-asserted-by":"publisher","DOI":"10.1080\/00207540210136487"},{"key":"IJSDS.2018010103-27","author":"Y. Y.Lee","year":"1990","journal-title":"Fuzzy Set Theory Approach to Aggregate Production Planning and Inventory Control"},{"key":"IJSDS.2018010103-28","doi-asserted-by":"publisher","DOI":"10.1016\/j.ijpe.2011.02.009"},{"key":"IJSDS.2018010103-29","doi-asserted-by":"publisher","DOI":"10.1080\/00207548008919703"},{"key":"IJSDS.2018010103-30","doi-asserted-by":"publisher","DOI":"10.1016\/S0377-2217(97)00278-6"},{"key":"IJSDS.2018010103-31","unstructured":"Meal, H. C. (1979). Safety stocks in MRP systems."},{"key":"IJSDS.2018010103-32","author":"J. G.Miller","year":"1979","journal-title":"Hedging the Master Schedule. Disaggregation Problems in Manufacturing and Service Organizations"},{"key":"IJSDS.2018010103-33","doi-asserted-by":"publisher","DOI":"10.1016\/j.ejor.2013.03.033"},{"key":"IJSDS.2018010103-34","doi-asserted-by":"publisher","DOI":"10.2307\/1905580"},{"key":"IJSDS.2018010103-35","doi-asserted-by":"publisher","DOI":"10.1080\/07408170108936812"},{"key":"IJSDS.2018010103-36","doi-asserted-by":"publisher","DOI":"10.1080\/002075497195498"},{"key":"IJSDS.2018010103-37","doi-asserted-by":"publisher","DOI":"10.1016\/j.ijpe.2005.09.001"},{"key":"IJSDS.2018010103-38","doi-asserted-by":"publisher","DOI":"10.1016\/0377-2217(92)90356-E"},{"key":"IJSDS.2018010103-39","unstructured":"Orlicky, J. (1975). Material requirements planning: the new way of life in production and inventory management."},{"key":"IJSDS.2018010103-40","doi-asserted-by":"publisher","DOI":"10.1016\/j.eswa.2011.07.134"},{"key":"IJSDS.2018010103-41","doi-asserted-by":"publisher","DOI":"10.1080\/00207548208947752"},{"key":"IJSDS.2018010103-42","doi-asserted-by":"publisher","DOI":"10.1287\/opre.45.6.931"},{"key":"IJSDS.2018010103-43","doi-asserted-by":"publisher","DOI":"10.1017\/CBO9781107415324.004"},{"key":"IJSDS.2018010103-44","doi-asserted-by":"publisher","DOI":"10.4018\/IJSDS.2016070103"},{"key":"IJSDS.2018010103-45","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.14.6.B343"},{"key":"IJSDS.2018010103-46","doi-asserted-by":"publisher","DOI":"10.1016\/j.ijpe.2011.05.020"},{"key":"IJSDS.2018010103-47","doi-asserted-by":"publisher","DOI":"10.1016\/j.ijpe.2011.02.012"},{"key":"IJSDS.2018010103-48","doi-asserted-by":"publisher","DOI":"10.1287\/opre.39.4.654"}],"container-title":["International Journal of Strategic Decision Sciences"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/www.igi-global.com\/viewtitle.aspx?TitleId=198944","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2022,5,6]],"date-time":"2022-05-06T12:09:33Z","timestamp":1651838973000},"score":1,"resource":{"primary":{"URL":"http:\/\/services.igi-global.com\/resolvedoi\/resolve.aspx?doi=10.4018\/IJSDS.2018010103"}},"subtitle":[""],"short-title":[],"issued":{"date-parts":[[2018,1]]},"references-count":49,"journal-issue":{"issue":"1"},"URL":"https:\/\/doi.org\/10.4018\/ijsds.2018010103","relation":{},"ISSN":["1947-8569","1947-8577"],"issn-type":[{"value":"1947-8569","type":"print"},{"value":"1947-8577","type":"electronic"}],"subject":[],"published":{"date-parts":[[2018,1]]}}}