Optimal Policy for a Multiechelon Inventory System with Batch Ordering and Fixed Replenishment Intervals

Published Online:https://doi.org/10.1287/opre.1080.0636

References

  • Axsater S., Rosling K. Installation vs. echelon stock policies for multilevel inventory control. Management Sci. (1993) 39:1274–1280LinkGoogle Scholar
  • Billingsley P.Probability and Measure (1995) 3rd ed.(Wiley Press, New York) Google Scholar
  • Cachon G. P. Managing supply chain demand variability with scheduled ordering policies. Management Sci. (1999) 45:843–856LinkGoogle Scholar
  • Chao X., Zhou S. X. Probabilistic solution and bounds for serial inventory systems with discounted and average costs. Naval Res. Logist. (2007) 54:623–631CrossrefGoogle Scholar
  • Chen F. Optimal policies for multi-echelon inventory problems with batch ordering. Oper. Res. (2000) 48:376–389LinkGoogle Scholar
  • Chen F., Zheng Y.-S. Inventory models with general backorder costs. Eur. J. Oper. Res. (1993) 65:175–186CrossrefGoogle Scholar
  • Chen F., Zheng Y.-S. Lower bounds for multi-echelon stochastic inventory systems. Management Sci. (1994) 40:1426–1443LinkGoogle Scholar
  • Chen F., Zheng Y.-S. Near-optimal echelon-stock (R, nQ) policies in multi-stage serial systems. Oper. Res. (1998) 46:592–602LinkGoogle Scholar
  • Clark A. J., Scarf H. Optimal policies for a multi-echelon inventory problem. Management Sci. (1960) 6:475–490LinkGoogle Scholar
  • De Bodt M., Graves S. Continuous review policies for a multi-echelon inventory problem with stochastic demand. Management Sci. (1985) 31:1286–1295LinkGoogle Scholar
  • Dharmadhikari S., Joag-Dev K.Unimodality, Convexity, and Applications (1988) (Academic Press, New York) Google Scholar
  • Federgruen A., Zipkin P. H. Computational issues in an infinite-horizon, multiechelon inventory model. Oper. Res. (1984) 32:818–836LinkGoogle Scholar
  • Graves S. C. A multiechelon model with fixed replenishment intervals. Management Sci. (1996) 42:1–18LinkGoogle Scholar
  • Hadley G., Whitin T. M.Analysis of Inventory Systems (1963) (Prentice-Hall, Englewood Cliffs, NJ) Google Scholar
  • Hammond J. H. Norton Auto Supply. (1989) . Case No. 9-689-084, Harvard Business School, BostonGoogle Scholar
  • Lee H. L., Padmanabhan V., Whang S. The bullwhip effect in supply chains. Sloan Management Rev. (1997) 38:93–102Google Scholar
  • Rosling K. Optimal inventory policies for assembly systems under random demand. Oper. Res. (1989) 37:565–579LinkGoogle Scholar
  • Rosling K. Inventory cost rate functions with nonlinear shortage costs. Oper. Res. (2002) 50:1007–1017LinkGoogle Scholar
  • Ross S. M.Stochastic Processes (1995) 2nd ed.(John Wiley & Sons, New York) Google Scholar
  • Song J. S. The effect of leadtime uncertainty in a simple stochastic inventory model. Management Sci. (1994) 40:603–613LinkGoogle Scholar
  • van Houtum G. J., Scheller-Wolf A., Yi J. Optimal control of serial inventory systems with fixed replenishment intervals. Oper. Res. (2007) 55:674–687LinkGoogle Scholar
  • Veinott A. The optimal inventory policy for batch ordering. Oper. Res. (1965) 13:424–432LinkGoogle Scholar
INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.