Uniform distribution of inventory positions in two-echelon periodic review systems with batch-ordering policies and interdependent demands
Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review
Author(s)
Detail(s)
Original language | English |
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Pages (from-to) | 648-654 |
Journal / Publication | European Journal of Operational Research |
Volume | 140 |
Issue number | 3 |
Publication status | Published - 1 Aug 2002 |
Externally published | Yes |
Link(s)
Abstract
We consider a two-level inventory system in which there are one supplier and multiple retailers. The retailers face stochastic, interdependent customer demands. Each location employs a periodic-review (R,nQ), or lot-size reorder point, inventory policy. We show that each location's inventory positions are stationary and the stationary distribution is uniform and independent of any other's. © 2002 Elsevier Science B.V. All rights reserved.
Research Area(s)
- Inventory/production, Stochastic multi-echelon inventory systems with dependent demands
Citation Format(s)
Uniform distribution of inventory positions in two-echelon periodic review systems with batch-ordering policies and interdependent demands. / Chen, Frank Y.; Feng, Youyi; Simchi-Levi, David.
In: European Journal of Operational Research, Vol. 140, No. 3, 01.08.2002, p. 648-654.
In: European Journal of Operational Research, Vol. 140, No. 3, 01.08.2002, p. 648-654.
Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review