Note on the optimality of policies for inventory systems with two demand classes
β Scribed by Shaoxiang Chen; Jianjun Xu
- Publisher
- Elsevier Science
- Year
- 2010
- Tongue
- English
- Weight
- 300 KB
- Volume
- 38
- Category
- Article
- ISSN
- 0167-6377
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π SIMILAR VOLUMES
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
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