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Author:McGavin, E.
Ward, J.
Schwarz, L.
Title:Balancing retailer inventories
Journal:Operations Research
1997 : NOV-DEC, VOL. 45:6, p. 820-830
Index terms:OPERATIONAL RESEARCH
RETAILING
INVENTORIES
Language:eng
Abstract:This paper examines the optimality of inventory "balancing" in a one-warehouse N-retailer distribution system facing stochastic demand for a single product over T successive time intervals. In particular, the authors consider the division of predetermined quantities of warehouse stock among retailers in each interval. Balancing attempts to bring the retailer-inventories to the same (normalised with respect to first-interval demand) net inventory level.
SCIMA record nr: 173436
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