Recursive evaluation of order-up-to-S policies for two-echelon inventory systems with compound Poisson demand

✍ Scribed by Sven Axsäter; Wen-Fa Zhang

• Publisher: John Wiley and Sons
• Year: 1996
• Tongue: English
• Weight: 315 KB
• Volume: 43
• Category: Article
• ISSN: 0894-069X
• DOI: 10.1002/(sici)1520-6750(199602)43:1<151::aid-nav10>3.0.co;2-0

✦ Synopsis

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 different control policies.