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Approximate Optimiz...
Approximate Optimization of a Two-Level Distribution Inventory System
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- Axsäter, Sven (författare)
- Lund University,Lunds universitet,Produktionsekonomi,Institutionen för maskinvetenskaper,Institutioner vid LTH,Lunds Tekniska Högskola,Production Management,Department of Mechanical Engineering Sciences,Departments at LTH,Faculty of Engineering, LTH
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(creator_code:org_t)
- 2002
- 2002
- Engelska.
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Ingår i: International Journal of Production Economics. - 0925-5273. ; 81-82, s. 545-553
- Relaterad länk:
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http://dx.doi.org/10...
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https://lup.lub.lu.s...
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https://doi.org/10.1...
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Abstract
Ämnesord
Stäng
- A two-echelon distribution inventory system with a central warehouse and a number of retailers is considered. The retailers face stochastic demand. The system is controlled by continuous review installation stock (R,Q) policies with given batch quantities. There are linear holding costs at all locations and linear backorder costs at the retailers. We present a simple technique for approximate optimization of the reorder points. The technique means that we use normal approximations both for the retailer demand and the demand at the warehouse, i.e., the orders from the retailers.
Ämnesord
- TEKNIK OCH TEKNOLOGIER -- Samhällsbyggnadsteknik -- Transportteknik och logistik (hsv//swe)
- ENGINEERING AND TECHNOLOGY -- Civil Engineering -- Transport Systems and Logistics (hsv//eng)
Nyckelord
- Multi-echelon
- Inventory/production
- Continuous review
- Stochastic demand
- Batch ordering policies
Publikations- och innehållstyp
- art (ämneskategori)
- ref (ämneskategori)
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