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Author:Andersson, J.
Marklund, J.
Title:Decentralized inventory control in a two-level distribution systems
Journal:European Journal of Operational Research
2000 : DEC 16, VOL. 127:3, p. 483-506
Index terms:SUPPLY
INVENTORIES
DECENTRALISATION
Language:eng
Abstract:The authors consider a model for decentralized inventory control in a two-level distribution system with one central warehouse and N non-identical retailers. All installations use continuous review installation stock (R,Q)-policies for replenishing their inventories. The authors' approach is based on an approximate cost evaluation technique, where the retailers replace their stochastic lead-times by correct averages.
SCIMA record nr: 222925
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