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Exact Analysis of Continuous Review (R, Q) Policies in Two-Echelon Inventory Systems with Compound Poisson Demand

Axsäter, Sven LU (2000) In Operations Research 48(5). p.686-696
Abstract
We consider a two-level inventory system with one central warehouse and N retailers. All installations apply different continuous review installation stock (R, Q) policies. The retailers face independent compound Poisson demand processes. Transportation times are constant. We present a method for exact evaluation of control policies that provides the complete probability distributions of the retailer inventory levels.
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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Inventory/production, stochastic: compound Poisson demand, Logistics & Supply Chain Operations, multi-echelon: batch-ordering policies, continuous review
in
Operations Research
volume
48
issue
5
pages
686 - 696
publisher
Inst Operations Research Management Sciences
external identifiers
  • Scopus:0342398236
ISSN
0030-364X
language
English
LU publication?
yes
id
f2cdc072-323e-4765-ba4f-a168cb4155e7 (old id 633022)
date added to LUP
2008-02-04 12:27:46
date last changed
2016-10-13 04:28:18
@misc{f2cdc072-323e-4765-ba4f-a168cb4155e7,
  abstract     = {We consider a two-level inventory system with one central warehouse and N retailers. All installations apply different continuous review installation stock (R, Q) policies. The retailers face independent compound Poisson demand processes. Transportation times are constant. We present a method for exact evaluation of control policies that provides the complete probability distributions of the retailer inventory levels.},
  author       = {Axsäter, Sven},
  issn         = {0030-364X},
  keyword      = {Inventory/production,stochastic: compound Poisson demand,Logistics & Supply Chain Operations,multi-echelon: batch-ordering policies,continuous review},
  language     = {eng},
  number       = {5},
  pages        = {686--696},
  publisher    = {ARRAY(0xa267ab8)},
  series       = {Operations Research},
  title        = {Exact Analysis of Continuous Review (R, Q) Policies in Two-Echelon Inventory Systems with Compound Poisson Demand},
  volume       = {48},
  year         = {2000},
}