Evaluation of base-stock policies in multiechelon inventory systems with compound-poisson demands
β Scribed by Paul Zipkin
- Publisher
- John Wiley and Sons
- Year
- 1991
- Tongue
- English
- Weight
- 793 KB
- Volume
- 38
- Category
- Article
- ISSN
- 0894-069X
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π SIMILAR VOLUMES
We consider a two-echelon inventory system where the exogenous demands occur only at the retailer locations, and the demand rates are functions of an underlying continuoustime Markov chain. This underlying process may represent, for example, general economic conditions, the number of active users in
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