Exact Analysis of Continuous Review (R, Q) Policies in Two-Echelon Inventory Systems with Compound Poisson Demand
Författare
Summary, in English
We consider a two-level inventory system with one central warehouse and N retailers. All installations apply different continuous review installation stock (R, Q) policies. The retailers face independent compound Poisson demand processes. Transportation times are constant. We present a method for exact evaluation of control policies that provides the complete probability distributions of the retailer inventory levels.
Avdelning/ar
Publiceringsår
2000
Språk
Engelska
Sidor
686-696
Publikation/Tidskrift/Serie
Operations Research
Volym
48
Issue
5
Dokumenttyp
Artikel i tidskrift
Förlag
Inst Operations Research Management Sciences
Ämne
- Transport Systems and Logistics
Nyckelord
- Inventory/production
- stochastic: compound Poisson demand
- Logistics & Supply Chain Operations
- multi-echelon: batch-ordering policies
- continuous review
Status
Published
ISBN/ISSN/Övrigt
- ISSN: 0030-364X