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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.
Please use this url to cite or link to this publication:
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
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}},
}