A characterization of optimal base-stock levels for a multistage serial supply chain

DOI10.1002/NAV.21675zbMATH Open1338.90021OpenAlexW2230455933MaRDI QIDQ2808490FDOQ2808490

Peter Berling, Victor Martínez-de-Albéniz

Publication date: 23 May 2016

Published in: Naval Research Logistics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1002/nav.21675

Recommendations

• Near-optimal echelon-stock \((R,nQ)\) policies in multistage serial systems
• Optimal Control of Serial Inventory Systems with Fixed Replenishment Intervals
• A single-period inventory placement problem for a serial supply chain
• A globally optimal local inventory control policy for multistage supply chains
• Optimizing inventory decisions in a multi-stage supply chain under stochastic demands

zbMATH Keywords

inventorymulti-echelonunit decomposition

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Optimal stochastic control (93E20)

Cites Work

• Computational Issues in an Infinite-Horizon, Multiechelon Inventory Model
• Lower Bounds for Multi-Echelon Stochastic Inventory Systems
• Optimal Inventory Policies when Purchase Price and Demand Are Stochastic
• Simple Solution Procedures for a Class of Two-Echelon Inventory Problems
• A Multi-Echelon Inventory Model for a Repairable Item with One-for-One Replenishment
• Newsvendor Bounds and Heuristic for Optimal Policies in Serial Supply Chains
• Optimal Policies for Multiechelon Inventory Problems with Markov-Modulated Demand
• Optimal Inventory Policies for Assembly Systems Under Random Demands
• A Single-Unit Decomposition Approach to Multiechelon Inventory Systems
• The capital cost of holding inventory with stochastically mean-reverting purchase price
• Notes: Installation vs. Echelon Stock Policies for Multilevel Inventory Control
• Echelon reorder points, installation reorder points, and the value of centralized demand information.
• A Series System with Returns: Stationary Analysis
• Exact and Approximate Evaluation of Batch-Ordering Policies for Two-Level Inventory Systems
• Continuous-Review Policies for a Multi-Echelon Inventory Problem with Stochastic Demand
• A Decomposition Approach for a Class of Capacitated Serial Systems
• A new algorithm and a new heuristic for serial supply systems

Cited In (5)

• Optimal control strategy of serial supply chain
• A single-period inventory placement problem for a serial supply chain
• A typology and literature review on stochastic multi-echelon inventory models
• Typology and literature review on multiple supplier inventory control models
• Optimization of vehicle speed for batches to minimize supply chain cost under uncertain demand

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