A single supplier–single retailer system with an order-up-to level inventory policy

✍ Scribed by Oğuz Solyalı; Haldun Süral

• Book ID: 103877880
• Publisher: Elsevier Science
• Year: 2008
• Tongue: English
• Weight: 924 KB
• Volume: 36
• Category: Article
• ISSN: 0167-6377
• DOI: 10.1016/j.orl.2008.05.005

✦ Synopsis

We consider a two-level vendor-managed system in which external demand occurs only at a retailer and a supplier replenishes the retailer employing an order-up-to S policy over T periods. We present an O(T 3 ) algorithm to coordinate the system when S is known. We also show that S can be optimized in O(aT 3 ) time for an input parameter a.