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In this paper we consider a two level decentralized distribution system, consisting of one warehouse and N retailers. The warehouse and each retailer follows each his own (s,nQ) order policy. We extended the models as known in the literature to compound renewal demand
Persistent link: https://www.econbiz.de/10012729095
This paper extends a fundamental result about single-item inventory systems. This approach allows more general performance measures, demand processes and order policies, and leads to easier analysis and implementation, than prior research. We obtain closed form expressions for the Laplace...
Persistent link: https://www.econbiz.de/10012729096
The most recent optimization algorithm for (s,S) order policies with continuous demand was developed by Federgruen and Zipkin (1985). This was also the first efficient algorithm, which uses policy iteration instead of discretization. Zheng and Federgruen (1991) developed an even more efficient...
Persistent link: https://www.econbiz.de/10012729098
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The most recent optimization algorithm for (s, S) order policies with continuous demand was developed byFedergruen and Zipkin (1985). This was also the first efficient algorithm, which uses policy iteration instead ofdiscretization. Zheng and Federgruen (1991) developed an even more efficient...
Persistent link: https://www.econbiz.de/10011318581
This paper extends a fundamental result about single-item inventory systems. This approachallows more general performance measures, demand processes and order policies, and leads toeasier analysis and implementation, than prior research. We obtain closed form expressions forthe Laplace...
Persistent link: https://www.econbiz.de/10011318582
Persistent link: https://www.econbiz.de/10001616984
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