Recursive evaluation of order‐up‐to‐S policies for two‐echelon inventory systems with compound Poisson demand

Sven Axsäter and Wen‐Fa Zhang

Naval Research Logistics (NRL), 1996, vol. 43, issue 1, 151-157

Abstract: We consider an inventory system with one warehouse and N retailers. All installations apply different order‐up‐to‐S policies. Transportation times are constant and the retailers face compound Poisson demand. We provide a simple recursive procedure for the evaluation of holding and shortage costs for different control policies. © 1996 John Wiley & Sons, Inc.

Date: 1996
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https://doi.org/10.1002/(SICI)1520-6750(199602)43:13.0.CO;2-0

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Persistent link: https://EconPapers.repec.org/RePEc:wly:navres:v:43:y:1996:i:1:p:151-157

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