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Near-optimal (r,Q) policies for a two-stage serial inventory system with Poisson demand

โœ Scribed by Lei Yang; Jian Yang; Gang Yu; Hanqin Zhang


Book ID
113655287
Publisher
Elsevier Science
Year
2011
Tongue
English
Weight
240 KB
Volume
133
Category
Article
ISSN
0925-5273

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โœ Rolf Forsberg ๐Ÿ“‚ Article ๐Ÿ“… 1997 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 670 KB

In this paper we show how to exactly evaluate holding and shortage costs for a two-level inventory system with one warehouse and N different retailers. Lead-times (transportation times) are constant, and the retailers face different Poisson demand processes. All facilities apply continuous review (R