Article ID: | iaor1990162 |
Country: | United Kingdom |
Volume: | 40 |
Issue: | 11 |
Start Page Number: | 983 |
End Page Number: | 991 |
Publication Date: | Nov 1989 |
Journal: | Journal of the Operational Research Society |
Authors: | Hill Roger M. |
Keywords: | inventory, allocation: resources |
The context is that of a retail chain where stock is purchased into a central warehouse from which branch stocks are replenished. This paper considers possible methods of allocating limited warehouse stock to branches, and uses simulation to quantify the resulting benefits.