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Approximating general multi-echelon inventory systems by Poisson models
Department of Industrial Engineering, Lund University.
Luleå University of Technology.
1994 (English)In: International Journal of Production Economics, ISSN 0925-5273, E-ISSN 1873-7579, Vol. 35, no 1-3, p. 201-206Article in journal (Refereed) Published
Abstract [en]

We consider a continuous review two-level inventory system with a central warehouse and a number of retailers. The demand processes at the retailers are different compound Poisson processes. We present and evaluate an approximate optimization technique, where the real demand is replaced by "equivalent" Poisson demand such that the ratio between mean and standard deviation is the same as for the real distribution. The solution of the Poisson model is then scaled back to the original problem.

Place, publisher, year, edition, pages
1994. Vol. 35, no 1-3, p. 201-206
National Category
Production Engineering, Human Work Science and Ergonomics
Research subject
Industrial Logistics
Identifiers
URN: urn:nbn:se:ltu:diva-9115DOI: 10.1016/0925-5273(94)90082-5ISI: A1994NZ26500026Scopus ID: 2-s2.0-0028443477Local ID: 7ae0a9b0-bc24-11db-a46c-000ea68e967bOAI: oai:DiVA.org:ltu-9115DiVA, id: diva2:982053
Note
Godkänd; 1994; 20070214 (evan)Available from: 2016-09-29 Created: 2016-09-29 Last updated: 2023-05-08Bibliographically approved

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Forsberg, Rolf

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