Recursive evaluation of order-up-to-S po
β
Sven AxsΓ€ter; Wen-Fa Zhang
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Article
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1996
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John Wiley and Sons
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English
β 315 KB
π 2 views
We consider an inventory system with one warehouse and Nretailers. All installations apply different order-up-to-S policies. Transportation times are constant and the retailers face compound Poisson demand. We provide a simple recursive procedure for the evaluation of holding and shortage costs for