| Article ID: | iaor20122202 |
| Volume: | 136 |
| Issue: | 2 |
| Start Page Number: | 378 |
| End Page Number: | 383 |
| Publication Date: | Apr 2012 |
| Journal: | International Journal of Production Economics |
| Authors: | Cheng T C E, Wu Yunan, Zhang Jihong |
| Keywords: | retailing, production: JIT, combinatorial optimization, inventory: storage, demand |
We formulate a general mixed produce‐to‐order and produce‐in‐advance inventory model having multiple stocking echelons and multiple retailers. We show that the problem to find an optimal inventory policy for such a model with a uniform or a normal demand distribution can be reduced to a general constrained optimization problem.