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, 22, 62)21_Publication in refereed journalNot applicablepeer-review

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Author(s)

Detail(s)

Original languageEnglish
Pages (from-to)648-654
Journal / PublicationEuropean Journal of Operational Research
Volume140
Issue number3
StatePublished - 1 Aug 2002
Externally publishedYes

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.

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalNot applicablepeer-review