haku: @author Mitra, S. / yhteensä: 5
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| Tekijä: | Mitra, S. Chatterjee, A.K. |
| Otsikko: | Leveraging information in multi-echelon inventory systems |
| Lehti: | European Journal of Operational Research
2004 : JAN, VOL. 152:1, p. 263-280 |
| Asiasana: | Inventory control Information Allocation Distribution Retailing Demand Costs |
| Kieli: | eng |
| Tiivistelmä: | Decision-making in multi-echelon inventory systems is often facilitated by the availability of information. In this paper, the authors examine the effect of utilising demand information in a one-warehouse two-retailer system operating under periodic-review. A common and fixed replenishment interval is assumed for all stages. The lead times are deterministic, and are small compared to the replenishment interval. The warehouse does not maintain any cycle stock. In the event of of a shortage at the warehouse, two cases have been considered - emergency shipment and allocation. For both the cases, expected total cost (ETC) models have been developed, and it has been shown through numerical examples that the optimal ETC in the presence of demand information is always lower than that in the absence of demand information. It is also noted that the order-up-to level at the warehouse has to be dynamic to reap the benefits of availability of demand information. |
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