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| Tekijä: | Graves, S. |
| Otsikko: | A multiechelon inventory model with fixed replenishment intervals |
| Lehti: | Management Science
1996 : JAN, VOL. 42:1, p. 1-18 |
| Asiasana: | MANAGEMENT ALLOCATION |
| Kieli: | eng |
| Tiivistelmä: | This paper develops a new model for studying multiechelon inventory systems with stochastic demand. For the model the author assumes that each site in the system orders at preset times according to an order-up-to policy, that delivery times are deterministic, and that the demand processes are stochastic with independent increments. The author introduces a new scheme for allocating stock in short supply, which the author calls virtual allocation and which permits significant tractability. The author exercises the model on a set of test problems for two-echelon systems. |
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