Exact Analysis of Continuous Review (R, Q) Policies in Two-Echelon Inventory Systems with Compound Poisson Demand
(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.
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/633022
- author
- Axsäter, Sven LU
- organization
- publishing date
- 2000
- 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
- 2016-04-04 09:19:10
- date last changed
- 2023-01-05 19:14:40
@article{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}}, keywords = {{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 = {{Inst Operations Research Management Sciences}}, 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}}, }