| Article ID: | iaor20053042 |
| Country: | Netherlands |
| Volume: | 96 |
| Issue: | 2 |
| Start Page Number: | 213 |
| End Page Number: | 232 |
| Publication Date: | Jan 2005 |
| Journal: | International Journal of Production Economics |
| Authors: | Liberopoulos G., Koukoumialos S. |
| Keywords: | simulation: applications |
We numerically investigate tradeoffs between near-optimal base stock levels, numbers of kanbans, and planned supply lead times in base stock policies and hybrid base stock/kanban policies with advance demand information used for the control of multi-stage production/inventory systems. We report simulation-based computational experience regarding such tradeoffs and the managerial insights behind them for single-stage and two-stage production/inventory systems.