Klosterhalfen, Steffen T.; Dittmar, Daniel; Minner, Stefan - In: European Journal of Operational Research 231 (2013) 1, pp. 109-119
Multi-echelon inventory optimization literature distinguishes stochastic- (SS) and guaranteed-service (GS) approaches as mutually exclusive frameworks. While the GS approach considers flexibility measures at the stages to deal with stockouts, the SS approach only relies on safety stock. Within a...