Simple Power-of-Two Policies are Close to Optimal in a General Class of Production/Distribution Networks with General Joint Setup Costs

DOI10.1287/MOOR.17.4.951zbMATH Open0760.90049OpenAlexW2147122460MaRDI QIDQ4027784FDOQ4027784

Authors: Awi Federgruen, Maurice Queyranne, Yu-Sheng Zheng 

Publication date: 1 March 1993

Published in: Mathematics of Operations Research (Search for Journal in Brave)

Full work available at URL: https://semanticscholar.org/paper/1d0c4814665617281bef487e6c0d10e889ea26b9

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zbMATH Keywords

power-of-two policydirected acyclic networkproduction/distribution network

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Production models (90B30)

Cited In (18)

• The performance ratio of grouping policies for the joint replenishment problem
• Worst-case analysis of \((R,Q)\) policies in a two-stage serial inventory system with deterministic demand and backlogging
• Cooperative game theory and inventory management
• A two-echelon inventory system with transportation capacity constraint
• A note on optimal sectoral policies in production networks
• Submodularity and the traveling salesman problem
• Efficient Algorithms for Finding Optimal Power-of-Two Policies for Production/Distribution Systems with General Joint Setup Costs
• Improved randomized approximation algorithms for lot-sizing problems
• The submodular joint replenishment problem
• Power-of-two policies for single-warehouse multi-retailer inventory systems with order frequency discounts
• Coordination mechanisms of supply chain systems
• Naturally submodular digraphs and forbidden digraph configurations
• Title not available (Why is that?)
• Optimal stationary policies in a 3-stage serial production-distribution logistic chain facing constant and continuous demand
• A global optimum search algorithm for the joint replenishment problem under power-of-two policy.
• Scheduling logistic activities to improve hospital supply systems
• Optimal Power-of-Two Replenishment Strategies in Capacitated General Production/Distribution Networks
• AN EOQ MODEL FOR PROGRESSIVE PAYMENT SCHEME UNDER DCF APPROACH

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