We provide a novel approach to characterize the order process of continuous review (s,S) and (r,nQ) inventory policies, and study the impact of the batching parameter (the value of Q or S-s) on the variability in the order process. First, we characterize the distribution of the time between...

The use of pipeline feedback to ensure good control of material flow systems has been developed over the years on a pragmatic basis. More recently, the mechanism by which the improved control is achieved has been the subject of theoretical analysis. In turn, this has led to recommendations for...

We study a decentralized supply chain where only delayed market demand information is available for making replenishment decisions. The impact of this delay is quantified in a serially linked two-level supply chain where each player exploits the order-up-to replenishment policy. The market...

Stability is a fundamental design property of inventory systems. However, the often exploited linearity assumptions in the current literature create a major gap between theory and practice. In this paper the stability of a constrained production and inventory system with a Forbidden Returns...