Optimal and heuristic echelon (r, nQ, T) policies in serial inventory systems with fixed costs

DOI10.1287/OPRE.1090.0734MaRDI QIDQ3100477zbMATHOpenAlexFDO

Authors Kevin Shang, Sean X. Zhou

Publication date 24 November 2011

Published in Operations Research (Search for Journal in Brave)

Full work available at URL http://hdl.handle.net/10161/4433

zbMATH Keywords

heuristiclower and upper boundsoptimal policybatch orderingreplenishment intervalmultiechelon inventory systems

Mathematics Subject Classification ID

Approximation methods and heuristics in mathematical programming (90C59) Inventory, storage, reservoirs (90B05)

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Cited in

(27)

• Cost accounting methods and periodic-review policies for serial inventory systems
• A typology and literature review on stochastic multi-echelon inventory models
• Continuous accounting of inventory costs with Brownian-motion and Poisson demand processes
• A sample-path approach to the optimality of echelon order-up-to policies in serial inventory systems
• Echelon-stock \((R,nT)\) control in two-stage serial stochastic inventory systems
• Optimizing reorder intervals for two-echelon distribution systems with stochastic demand
• Monotonicity properties of a class of stochastic inventory systems
• Optimal policy for a multiechelon inventory system with batch ordering and fixed replenishment intervals
• Optimal (\(R\),\(nQ\)) policies for serial inventory systems with guaranteed service
• Newsvendor equations for optimal reorder levels of serial inventory systems with fixed batch sizes
• The discrete-time EOQ model: solution and implications
• Asymptotically optimal Lagrangian policies for multi-warehouse, multi-store systems with lost sales
• Global optimization of two-echelon serial chains with replenishment costs
• Note: A Simple Heuristic for Serial Inventory Systems with Fixed Order Costs
• Optimal Control of Serial Inventory Systems with Fixed Replenishment Intervals
• Effect of modeling fixed cost in a serial inventory system with periodic review
• Optimal inventory management using retail prepacks
• Exact analysis of the $(R, Q)$ inventory policy in a two-echelon production-inventory system
• Probabilistic solution and bounds for serial inventory systems with discounted and average costs
• Modified echelon \((r,Q)\) policies with guaranteed performance bounds for stochastic serial inventory systems
• Newsvendor bounds and heuristic for optimal policies in serial supply chains
• Pack size effects on retail store inventory and storage space needs
• A periodic-review inventory control policy for a two-level supply chain with multiple retailers and stochastic demand
• Exact evaluation and optimization of the $(R, n T)$ policy for a two-stage serial inventory system
• Technical note -- A simple heuristic policy for stochastic distribution inventory systems with fixed shipment costs
• Near-optimal echelon-stock \((R,nQ)\) policies in multistage serial systems
• A simple heuristic for echelon \((r,nQ,T)\) policies in serial supply chains

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