Larsen, Christian - In: International Journal of Production Economics 118 (2009) 1, pp. 292-297
We develop an algorithm to compute an optimal Q(s,S) policy for the joint replenishment problem when demands follow a compound correlated Poisson process. It is a non-trivial generalization of the work by Nielsen and Larsen [2005. An analytical study of the Q(s,S) policy applied to the joint...