Simple evaluation of echelon stock (R,Q) policies for two-level inventory systems
✍ Scribed by SVEN AXSA¨TER
- Book ID
- 110372800
- Publisher
- Taylor and Francis Group
- Year
- 1997
- Tongue
- English
- Weight
- 461 KB
- Volume
- 29
- Category
- Article
- ISSN
- 0740-817X
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📜 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
In this paper we consider a two-level inventory system with a central warehouse and a number of retailers. All facilities apply continuous review (R, Q)-policies. We first extend Forsberg's exact Poisson model to the case with unit demand and customer inter-arrival times that are Erlang distributed.
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