Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1142684 | Operations Research Letters | 2008 | 4 Pages |
Abstract
We present a new proof of the optimality of echelon order-up-to policies in serial inventory systems, first proved by Clark and Scarf. Our proof is based on a sample-path analysis as opposed to the original proof based on dynamic programming induction.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Discrete Mathematics and Combinatorics
Authors
Woonghee Tim Huh, Ganesh Janakiraman,