The Can-Order Policy for One-Warehouse N-Retailer Inventory System: A Heuristic Approach
نویسندگان
چکیده
منابع مشابه
A new heuristic to solve the one-warehouse N-retailer problem
We deal with a multi-echelon inventory system in which one warehouse supplies an item to multiple retailers. Customer demand arrives at each retailer at a constant rate. The retailers replenish their inventories from the warehouse which in turn orders from an outside supplier. It is assumed that shortages are not allowed and lead times are negligible. These distribution/inventory systems are en...
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In this paper we consider a system consisting of a supplier with a single processing unit, a repair center, and a retailer with Poisson demand. We assume that the retailer applies one-for-one ordering policy with backorders for his inventory control. The retailer’s orders form a queue in the supplier processing unit. We also assume that a certain fraction of the products produced by the supplie...
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This paper examines the interactions between routing and inventory-management decisions in a two-level supply chain consisting of a cross-docking warehouse and N retailers. Retailer demand is stochastic; i.e., normally distributed and independent across retailers and over time. Travel times are fixed between pairs of system sites. Every m time periods, system inventory is replenished at the war...
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Consider a two-level inventory system consisting of one supplier and one retailer. The retailer faces a Poisson demand with a known rate and applies base stock (one-for-one ordering) policy. That is, his inventory position is set to a pre-determined level, so the demand pattern is transferred exactly to the supplier. The supplier has an inventory system and a service unit with exponentially dis...
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This paper considers a one-warehouse multi-retailer inventory system that faces discrete stochastic demand of the customers. Under the so-called balance assumption (also known as the allocation assumption), base stock policies are optimal. Our main contribution is to show that the optimal base stock levels satisfy newsvendor characterizations, which are in terms of inequalities, and to extend t...
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ژورنال
عنوان ژورنال: Engineering Journal
سال: 2014
ISSN: 0125-8281
DOI: 10.4186/ej.2014.18.4.53