Notes: Installation vs. Echelon Stock Policies for Multilevel Inventory Control
Sven Axsäter and
Kaj Rosling
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Sven Axsäter: Luleå University of Technology, S-951 87 Luleå, Sweden
Kaj Rosling: Linköping Institute of Technology, S-581 83 Linköping, Sweden
Management Science, 1993, vol. 39, issue 10, 1274-1280
Abstract:
This paper compares installation and echelon stock policies for multilevel inventory control. The major results are for serial and assembly systems. For (Q, r)-rules, echelon stock policies are, in general, superior to installation stock policies. A Kanban-policy is identified as a restricted type of installation stock (Q, r)-policy.
Keywords: multiechelon inventory control; reorder point policies; serial and assembly systems (search for similar items in EconPapers)
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:39:y:1993:i:10:p:1274-1280
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