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Author:Xu, K.
Evers, P.T.
Fu, M.C.
Title:Estimating customer service in a two-location continuous review inventory model with emergency transshipments
Journal:European Journal of Operational Research
2003 : MAR 16, VOL. 145:3, p. 569-584
Index terms:Distribution
Inventory control
Logistics
Freeterms:Emergency transshipments
Language:eng
Abstract:In this paper, an approximate analytical two-location inventory transshipment model is developed that combines the popular order-quantity, reorder-point (Q,R) continuous review ordering policy with a third parameter, the hold-back amount, which limits the level of outgoing transshipments. The degree to which transshipments improve both Type I (non-stockout probability) and Type II (fill rate) customer service levels can be calculated using the model.
SCIMA record nr: 246577
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