Article ID Journal Published Year Pages File Type
1142684 Operations Research Letters 2008 4 Pages PDF
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.

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Related Topics
Physical Sciences and Engineering Mathematics Discrete Mathematics and Combinatorics
Preview
A sample-path approach to the optimality of echelon order-up-to policies in serial inventory systems
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