Title
Exact analysis of the (R, Q) inventory policy in a two-echelon production-inventory system.
Abstract
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. Zare100.34
Hossein Abouee-Mehrizi2355.52
O. Berman31604231.36