| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 1142988 | Operations Research Letters | 2007 | 6 Pages |
Abstract
We study a Clark and Scarf multi-echelon inventory model with the objective of optimizing the expected present value of dividends. A counterexample shows that generally there is no optimal echelon base-stock policy if there are financial constraints and two or more echelons.
Related Topics
Physical Sciences and Engineering
Mathematics
Discrete Mathematics and Combinatorics
Authors
Qiaohai (Joice) Hu, Matthew J. Sobel,