Simple solution procedures for a class of two-echelon inventory problems

Simple solution procedures for a class of two-echelon inventory problems

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Article ID: iaor1991834
Country: United States
Volume: 38
Issue: 1
Start Page Number: 64
End Page Number: 69
Publication Date: Jan 1990
Journal: Operations Research
Authors:
Keywords: stochastic processes
Abstract:

The paper considers an inventory system with one warehouse and N retailers. Lead times are constant and the retailers face independent Poisson demand. Replenishments are one-for-one. The paper provides simple recursive procedures for determining the holding and shortage costs of different control policies.

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