Article ID Journal Published Year Pages File Type
1142263 Operations Research Letters 2015 8 Pages PDF
Abstract

This study considers the echelon-stock (R,nT)(R,nT) policy for a single-item, two-stage serial inventory system. The main contribution is to first provide a method to exactly evaluate the expected inventory related cost and subsequently develop an approach to identify an optimal solution to minimize the long-run system cost.

Related Topics
Physical Sciences and Engineering Mathematics Discrete Mathematics and Combinatorics
Preview
Exact evaluation and optimization of the (R,nT)(R,nT) policy for a two-stage serial inventory system
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