Title | ||
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Exact analysis of the (R, Q) inventory policy in a two-echelon production-inventory system. |
Abstract | ||
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We consider a two-echelon production–inventory system with a single manufacturer operating from a warehouse and a distribution center (DC) using the continuous review (R,Q) inventory policy where transportation times between the two echelons are generally distributed. We first derive the optimal reorder point at the DC, and then, propose a heuristic to approximate the optimal base-stock level in the warehouse as well as the batch order size at the DC. |
Year | DOI | Venue |
---|---|---|
2017 | 10.1016/j.orl.2017.04.011 | Operations Research Letters |
Keywords | Field | DocType |
Two-echelon production–inventory system,(R,Q) inventory policy,Base-stock policy | Production inventory,Mathematical optimization,Heuristic,Warehouse,Distribution center,Reorder point,Operations research,Mathematics | Journal |
Volume | Issue | ISSN |
45 | 4 | 0167-6377 |
Citations | PageRank | References |
0 | 0.34 | 8 |
Authors | ||
3 |
Name | Order | Citations | PageRank |
---|---|---|---|
Ata G. Zare | 1 | 0 | 0.34 |
Hossein Abouee-Mehrizi | 2 | 35 | 5.52 |
O. Berman | 3 | 1604 | 231.36 |