Simple Solution Procedures for a Class of Two-Echelon Inventory Problems

Sven Axsäter
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Sven Axsäter: Luleå University of Technology, Luleå, Sweden

Operations Research, 1990, vol. 38, issue 1, 64-69

Abstract: We consider an inventory system with one warehouse and N retailers. Lead times are constant and the retailers face independent Poisson demand. Replenishments are one-for-one. We provide simple recursive procedures for determining the holding and shortage costs of different control policies.

Keywords: inventory; multi-echelon: one-for-one replenishments; inventory; stochastic: Poisson demand; continuous review (search for similar items in EconPapers)
Date: 1990
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