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Author:Chen, F.
Zheng, Y.
Title:One-warehouse multiretailer systems with centralised stock information
Journal:Operations Research
1997 : MAR-APR, VOL. 45:2, p. 275-287
Index terms:OPERATIONAL RESEARCH
INFORMATION
ECONOMICS
Language:eng
Abstract:The authors consider a distribution system with a central warehouse and multiple retailers. The warehouse orders from an outside supplier and replenishes the retailers which in turn satisfy customer demand. The retailers are nonidentical, and their demand processes are independent compound Poisson. There are economies of scale in inventory replenishment, which is controlled by an echelon-stock, batch-transfer policy. For the special case with simple Poisson demand, the authors develop an exact method for computing the long-run average holding and backorder costs of the system.
SCIMA record nr: 164693
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