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Author: | Lagodimos, A. Kok, A. de |
Title: | The robustness of multi-echelon service models under autocorrelated demands |
Journal: | Journal of the Operational Research Society
1995 : JAN, VOL. 46:1, p. 92-103 |
Index terms: | INVENTORIES AUTOCORRELATION SERVICE |
Language: | eng |
Abstract: | A common assumption underlying the development of multiechelon service models is that successive demands are independent. In this paper, the authors study the robustness of two models, developed for a two-echelon serial inventory network, when the demand process is autocorrelated. Both stock points operate a periodic review order-up-too-S echelon inventory policy. Using an analytic approach, the authors extend the orginal models so that they apply exactly for any autocorrelated demand process. |
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