A Generalization of the Inventory Pooling Effect to Nonnormal Dependent Demand
Published Online:1 Oct 2006https://doi.org/10.1287/msom.1060.0117
References
- The value of SKU rationalization in practice (The pooling effect under suboptimal inventory policies). Production Oper. Management (2003) 12(1):12–29Crossref, Google Scholar
- Correlations and copulas for decision and risk analysis. Management Sci. (1999) 45(2):208–224Link, Google Scholar
- Aggregation of uncertainty and multivariate dependence: The value of pooling of inventories under non-normal dependent demand. (2004) . Working paper, UCLA Anderson School of Management, Los Angeles, CAGoogle Scholar
- Who benefits from transshipment? Exogenous vs. endogenous wholesale prices. Management Sci. (2004) 50(5):645–657Link, Google Scholar
- Effects of centralization on expected costs in a multi-location newsboy problem. Management Sci. (1979) 25(5):498–501Link, Google Scholar
- , Schwarz L. B. Centralized ordering policies in a multi-warehouse system with leadtimes and random demand. Multi-Level Production/Inventory Systems: Theory and Practice (1981) (North-Holland, New York) 51–67Google Scholar
- Optimal centralized ordering policies in multi-echelon inventory systems with correlated demands. Management Sci. (1990) 36(3):381–392Link, Google Scholar
- Approximations of dynamic, multilocation production and inventory problems. Management Sci. (1984) 30(1):69–84Link, Google Scholar
- , Tayur S., Ganeshan R., Magazine M. Managing product variety: An operations perspective. Quantitative Models for Supply Chain Management (1999) (Kluwer Academic Publishers)467–490Crossref, Google Scholar
- On the effect of demand randomness on inventories and costs. Oper. Res. (1992) 40(4):804–807Link, Google Scholar
- Product design for component commonality and the effect of demand correlation. (2000) . Working paper, University of Rochester, Rochester, NYGoogle Scholar
- Product Variety Management—Research Advances (1998) (Kluwer Academic Publishers)Crossref, Google Scholar
- Multivariate Models and Dependence Concepts (1997) (Chapman & Hall, London) Crossref, Google Scholar
- Analysis of a two-echelon inventory control system with complete redistribution. Management Sci. (1987) 33(2):215–227Link, Google Scholar
- Some remarks on the supermodular order. J. Multivariate Analysis (2000) 73:107–119Crossref, Google Scholar
- Stochastic comparison of random vectors with a common copula. Math. Oper. Res. (2001) 26:723–740Link, Google Scholar
- Comparison Methods for Stochastic Models and Risks (2002) (John Wiley & Sons, New York) Google Scholar
- An Introduction to Copulas (1999) (Springer, New York) Crossref, Google Scholar
- Flexible service capacity: Optimal investment and the effect of demand correlation. Oper. Res. (2002) 50(2):375–388Link, Google Scholar
- Optimal inventory levels in systems with common components. (2000) . Working paper, University of Rochester, Rochester, NYGoogle Scholar
- Multivariate convex orderings, dependence, and stochastic equality. J. Appl. Probab. (1998) 35:93–103Crossref, Google Scholar
- , Heyde C. C., Pohorov Y. V., Pyke R., Rachev S. T. Positive dependence orders: A survey. Applied Probability. Vol. 1 of Athens Conference on Applied Probability and Time Series Analysis (1996) (Springer Verlag, Berlin, Germany) 70–91Crossref, Google Scholar
- Stochastic Orders and Their Applications (1994) (Academic Press Inc., Boston, MA) Google Scholar
- Newsvendor networks: Dynamic inventory management and capacity investment with discretionary pooling. Manufacturing Service Oper. Management (2002) 4(4):313–335Link, Google Scholar

