Article ID: | iaor200381 |
Country: | United States |
Volume: | 4 |
Issue: | 1 |
Start Page Number: | 2 |
End Page Number: | 4 |
Publication Date: | Dec 2002 |
Journal: | Manufacturing & Service Operations Management |
Authors: | Shang Kevin H. |
Keywords: | newsboy problem |
This is an extended abstract of a paper that was a finalist in the Manufacturing and Service Operating Management Society's 2001 Student Paper Competition. A heuristic for the optimal echelon base-stock levels is developed, which enables the effects of system parameters on the optimal cost and policies to be studied analytically.