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Exact evaluation of (R, Q)-policies for two-level inventory systems with Poisson demand
1997 (English)In: European Journal of Operational Research, ISSN 0377-2217, E-ISSN 1872-6860, Vol. 96, no 1, p. 130-138Article in journal (Refereed) Published
Abstract [en]

In this paper we show how to exactly evaluate holding and shortage costs for a two-level inventory system with one warehouse and N different retailers. Lead-times (transportation times) are constant, and the retailers face different Poisson demand processes. All facilities apply continuous review (R, Q)-policies. We express the policy costs as a weighted mean of costs for one-for-one ordering policies.

Place, publisher, year, edition, pages
1997. Vol. 96, no 1, p. 130-138
National Category
Production Engineering, Human Work Science and Ergonomics
Research subject
Industrial Logistics
Identifiers
URN: urn:nbn:se:ltu:diva-2766DOI: 10.1016/S0377-2217(96)00137-3ISI: A1997WB11800014Scopus ID: 2-s2.0-0030784067Local ID: 072f3030-bc20-11db-a46c-000ea68e967bOAI: oai:DiVA.org:ltu-2766DiVA, id: diva2:975619
Note
Godkänd; 1997; 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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