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Tekijä: | Chen, F. |
Otsikko: | Stationary policies in multiechelon inventory systems with deterministic demand and backlogging |
Lehti: | Operations Research
1998 : MAY-JUN, VOL. 46:3, p. S26-S34 |
Asiasana: | OPERATIONAL RESEARCH POLICY DEMAND |
Kieli: | eng |
Tiivistelmä: | A stationary policy conducts replenishment activities - the placement and fulfillment of orders - in a stationary fashion. That is, each facility received a constant batch (facility specific) in equal time intervals (facility specific) under a stationary policy. Although the advantages of stationary policies are clear (i.e., smooth operations), they represent a restriction in policy selection. This paper investigates how costly this restriction can be. |
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