TY - JOUR
T1 - Uniform distribution of inventory positions in two-echelon periodic review systems with batch-ordering policies and interdependent demands
AU - Chen, Frank Y.
AU - Feng, Youyi
AU - Simchi-Levi, David
PY - 2002/8/1
Y1 - 2002/8/1
N2 - 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.
AB - 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.
KW - Inventory/production
KW - Stochastic multi-echelon inventory systems with dependent demands
UR - http://www.scopus.com/inward/record.url?scp=0036680984&partnerID=8YFLogxK
UR - https://www.scopus.com/record/pubmetrics.uri?eid=2-s2.0-0036680984&origin=recordpage
U2 - 10.1016/S0377-2217(01)00203-X
DO - 10.1016/S0377-2217(01)00203-X
M3 - RGC 21 - Publication in refereed journal
SN - 0377-2217
VL - 140
SP - 648
EP - 654
JO - European Journal of Operational Research
JF - European Journal of Operational Research
IS - 3
ER -