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This paper examines static and dynamic policies for replenishing and allocating inventories amongst N retailers located along a fixed delivery route. Each retailer faces independent, normally-distributed period demand and incurs a proportional holding or backorder cost on end-of-period...
Persistent link: https://www.econbiz.de/10009203708
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This paper examines the impact of group purchasing organizations (GPOs) on healthcare-product supply chains. The supply chain we study consists of a profit-maximizing manufacturer with a quantity-discount schedule that is nonincreasing in quantity and ensures nondecreasing revenue, a...
Persistent link: https://www.econbiz.de/10010990404
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This paper extends work previously reported on storage assignment rules for automatic warehousing systems to include interleaving; that is, the sequencing of storage and retrieve requests. Using both continuous analytical models and discrete evaluation procedures, this paper compares the...
Persistent link: https://www.econbiz.de/10009214120
In this paper we examine optimal and near-optimal continuous review policies for a deterministic arborescent inventory system: Known and constant outside demand must be met without backlogging or lost sales at minimum average system cost per unit time. Costs are of two types: A fixed order cost...
Persistent link: https://www.econbiz.de/10009214461
This paper examines the system fill-rate of a one-warehouse N-identical retailer distribution system as a function of warehouse and retailer safety stock. Using the approximation model of Deuermeyer and Schwarz (Deuermeyer, B. L., L. B. Schwarz. 1981. A model for the analysis of system service...
Persistent link: https://www.econbiz.de/10009218091
For a system of N-identical-retailers we construct a model for determining warehouse inventory-allocation policies which minimize system lost sales per retailer between system replenishments. An allocation policy is specified by: (a) the number of withdrawals from warehouse stock; (b) the...
Persistent link: https://www.econbiz.de/10009218297
We consider the problem of a newsvendor that is served by multiple suppliers, where any given supplier is defined to be either perfectly reliable or unreliable. By perfectly reliable we mean a supplier that delivers an amount identically equal to the amount desired, as is the case in the most...
Persistent link: https://www.econbiz.de/10009218574
This paper examines the interactions between routing and inventory-management decisions in a two-level supply chain consisting of a cross-docking warehouse and N retailers. Retailer demand is normally distributed and independent across retailers and over time. Travel times are fixed between...
Persistent link: https://www.econbiz.de/10009218590