Note: A Simple Heuristic for Serial Inventory Systems with Fixed Order Costs

DOI10.1287/OPRE.1080.0547MaRDI QIDQ3392229zbMATH OpenOpenAlexFDO

Authors Kevin Shang

Publication date 13 August 2009

Published in Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1287/opre.1080.0547

Mathematics Subject Classification ID

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

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Cited in

(10)

• A simple heuristic for echelon \((r,nQ,T)\) policies in serial supply chains
• A serial inventory system with supplier selection and order quantity allocation considering transportation costs
• Modified echelon \((r,Q)\) policies with guaranteed performance bounds for stochastic serial inventory systems
• Heuristic modeling of supply availabilities in large networks
• A typology and literature review on stochastic multi-echelon inventory models
• Optimal inventory management using retail prepacks
• A new algorithm and a new heuristic for serial supply systems
• The benefit of VMI strategies in a stochastic multi-product serial two echelon system
• Exact analysis of the $(R, Q)$ inventory policy in a two-echelon production-inventory system
• Determining near optimal base-stock levels in two-stage general inventory systems

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