The stochastic joint replenishment problem: A new policy, analysis, and insights
نویسندگان
چکیده
منابع مشابه
The submodular joint replenishment problem
The joint replenishment problem is a fundamental model in supply chain management theory that has applications in inventory management, logistics, and maintenance scheduling. In this problem, there are multiple item types, each having a given time-dependent sequence of demands that need to be satisfied. In order to satisfy demand, orders of the item types must be placed in advance of the due da...
متن کاملThe Stochastic Machine Replenishment Problem
We study the stochastic machine replenishment problem, which is a canonical special case of closed multiclass queuing systems in Markov decision theory. The problem models the scheduling of processor repairs in a multiprocessor system in which one repair can be made at a time and the goal is to maximize system utilization. We analyze the performance of a natural greedy index policy for this pro...
متن کاملThe joint replenishment problem with resource restriction
There are many resource restrictions in real production/inventory systems (for example, budget, storage, transportation capacity, etc.). But unlike other research areas, there is very little research to handle the joint replenishment problem (JRP) with resource restriction. The purpose of this paper is to develop two efficient algorithms for solving these problems. Firstly, we modify the existi...
متن کاملApproximating the Joint replenishment Problem with Deadlines
The objective of the classical Joint Replenishment Problem (JRP) is to minimize ordering costs by combining orders in two stages, first at some retailers, and then at a warehouse. These orders are needed to satisfy demands that appear over time at the retailers. We investigate the natural special case that each demand has a deadline until when it needs to be satisfied. For this case, we present...
متن کاملModeling and Optimization of the Multiobjective Stochastic Joint Replenishment and Delivery Problem under Supply Chain Environment
As a practical inventory and transportation problem, it is important to synthesize several objectives for the joint replenishment and delivery (JRD) decision. In this paper, a new multiobjective stochastic JRD (MSJRD) of the one-warehouse and n-retailer systems considering the balance of service level and total cost simultaneously is proposed. The goal of this problem is to decide the reasonabl...
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ژورنال
عنوان ژورنال: Naval Research Logistics
سال: 2006
ISSN: 0894-069X,1520-6750
DOI: 10.1002/nav.20147