search query: @author Jackson, P. L. / total: 2
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| Author: | Jackson, P. L. |
| Title: | Stock allocation in a two-echelon distribution system or "what to do until your ship comes in". |
| Journal: | Management Science
1988 : JUL, VOL. 34:7, p. 880-895 |
| Index terms: | INVENTORY CONTROL |
| Language: | eng |
| Abstract: | The simple expedient or allowing a central distribution centre to hold stock back during an order cycle and allocate it to the local distribution centres as demand materializes was demonstrated to have a dramatic impact on the service performance of the system. The results depend critically on how the warehouse allocates its remaining stock in a run out period. Assuming the warehouse follows an optimal allocation rule, developed is a computationally-tractable approach for determining an approximately optimal amount of stock to hold centrally. |
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