Echelon-stock (R,nT) control in two-stage serial stochastic inventory systems

DOI10.1016/J.ORL.2005.11.007MaRDI QIDQ2643825zbMATH OpenOpenAlexFDO

Authors Keli Feng, Uday S. Rao

Publication date 27 August 2007

Published in Operations Research Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.orl.2005.11.007

zbMATH Keywords

heuristic control policiesmulti-echelon inventoryperiodic-reviewuncertain demand

Mathematics Subject Classification ID

Queueing theory (aspects of probability theory) (60K25) Applications of queueing theory (congestion, allocation, storage, traffic, etc.) (60K30) Inventory, storage, reservoirs (90B05)

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Cites work

• 94\%-effective policies for a two-stage serial inventory system with stochastic demand
• 98%-Effective Lot Sizing for Series Inventory Systems with Backlogging
• A 98%-Effective Lot-Sizing Rule for a Multi-Product, Multi-Stage Production / Inventory System
• A Multiechelon Inventory Model with Fixed Replenishment Intervals
• Enterprise-Wide Optimization of Total Landed Cost at a Grocery Retailer
• Evaluating Echelon Stock (R, nQ) Policies in Serial Production/Inventory Systems with Stochastic Demand
• Heuristics for multicomponent joint replacement: Applications to aircraft engine maintenance
• scientific article; zbMATH DE number 417962 (Why is no real title available?)
• scientific article; zbMATH DE number 44978 (Why is no real title available?)
• Lower Bounds for Multi-Echelon Stochastic Inventory Systems
• Single Resource Multi-Item Inventory Systems

Cited in

(10)

• A typology and literature review on stochastic multi-echelon inventory models
• Exact evaluation and optimization of the $(R, n T)$ policy for a two-stage serial inventory system
• Cost accounting methods and periodic-review policies for serial inventory systems
• A periodic-review inventory control policy for a two-level supply chain with multiple retailers and stochastic demand
• Effect of modeling fixed cost in a serial inventory system with periodic review
• Near-optimal echelon-stock (R,nQ) policies in multistage serial systems
• scientific article; zbMATH DE number 1501024 (Why is no real title available?)
• Evaluating Echelon Stock (R, nQ) Policies in Serial Production/Inventory Systems with Stochastic Demand
• Exact evaluation and optimization of integer-ratio policies for stochastic one-warehouse multiple-retailer inventory systems
• The benefit of VMI strategies in a stochastic multi-product serial two echelon system

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