Optimal Centralized Ordering Policies in Multi-Echelon Inventory Systems with Correlated Demands

DOI10.1287/MNSC.36.3.381zbMATH Open0732.90025OpenAlexW2170304254MaRDI QIDQ3359971FDOQ3359971

Authors: Nesim Erkip, Warren H. Hausman, Steven Nahmias 

Publication date: 1990

Published in: Management Science (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1287/mnsc.36.3.381

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zbMATH Keywords

correlated demandmulti-echelon systemscentral depotlinear backlogging costlinear ordering costoptimal S-type ordering policy

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Cited In (39)

• Risk pooling under demand and price uncertainty
• When is the next order? Nowcasting channel inventories with point-of-sales data to predict the timing of retail orders
• Approximate analysis and optimization of batch ordering policies in capacitated supply chains
• Reorder level determination with serially-correlated demand
• Uniform distribution of inventory positions in two-echelon periodic review systems with batch-ordering policies and interdependent demands
• Optimal Policies and Approximations for a Serial Multiechelon Inventory System with Time-Correlated Demand
• Dynamic programs with shared resources and signals: dynamic fluid policies and asymptotic optimality
• A model for a mixed continuous-periodic review one-warehouse, \(N\)-retailer inventory system
• The value of early order commitment in a two-level supply chain
• Demand planning approaches to aggregating and forecasting interrelated demands for safety stock and backup capacity planning
• Price discount based on early order commitment in a single manufacturer-multiple retailer supply chain
• A typology and literature review on stochastic multi-echelon inventory models
• Capacitated location model with online demand pooling in a multi-channel supply chain
• Distributionally Robust Inventory Control When Demand Is a Martingale
• A two-echelon allocation model and the value of information under correlated forecasts and demands
• Optimal policies for a multi-echelon inventory system with demand forecasts
• Coordinated replenishments in inventory systems with correlated demands
• Ordering policies for the cyclical replenishment problem given leadtime- dependent discounts
• Title not available (Why is that?)
• A model for analyzing multi-channel distribution systems
• Initial shipment decisions for new products at Zara
• Continuous \((s,S)\) policy with MMPP correlated demand
• A numerical study on the effect of the balance assumption in one-warehouse multi-retailer inventory systems
• `Buy online and pick up in-store': implications for the store inventory
• Using online pickup site inclusion policies to manage demand in retail/e-tail organizations
• Inventory performance under staggered deliveries and autocorrelated demand
• Coordinated supply chain management
• \((s,S)\) inventory systems with correlated demands
• The value of postponing online fulfillment decisions in multi-channel retail/e-tail organizations
• Service and cost benefits through clicks-and-mortar integration: implications for the centralization/decentralization debate
• Optimal inventory management for a retail chain with diverse store demands
• Performance evaluation of stochastic multi-echelon inventory systems: a survey
• The impact of demand parameter uncertainty on the bullwhip effect
• Joint demand fulfillment probability in a multi-item inventory system with independent order-up-to policies
• Supply chain forecasting when information is not shared
• Coordinating lead times and safety stocks under autocorrelated demand
• Comparative study of the calculation of the reorder point when demand and lead time follow a Poisson distribution and are correlated
• A semi-parametric approach for estimating critical fractiles under autocorrelated demand
• Analysis on multi-echelon inventory delayed ordering control model based on seasonal demand

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