Cost evaluation of a two-echelon inventory system with lost sales and approximately Poisson demand

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Cost Evaluation of a Two-Echelon Inventory System with Lost Sales and Approximately Normal Demand

The inventory system under consideration consists of one central warehouse and an arbitrary number of retailers controlled by a continuous review inventory policy (R;Q). Independent Poisson demands are assumed with constant transportation times for all retailers and a constant lead time for replenishing orders from an external supplier for the warehouse. Unsatis ed demands are assumed to be los...

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Estimation of the cost function of a two-echelon inventory system with lost sales using regression

Multi-echelon inventory systems are one of the most important and attractive areas in modelling supply chain management so that several researches and studies have been done about. In this paper, the total cost function of a two-echelon inventory system with central warehouse and many identical retailers controlled by continuous review inventory policy is estimated. We have assumed the demand i...

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estimation of the cost function of a two-echelon inventory system with lost sales using regression

multi-echelon inventory systems are one of the most important and attractive areas in modelling supply chain management so that several researches and studies have been done about. in this paper, the total cost function of a two-echelon inventory system with central warehouse and many identical retailers controlled by continuous review inventory policy is estimated. we have assumed the demand i...

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On two-echelon inventory systems with Poisson demand and lost sales

We derive approximations for the service levels of two-echelon inventory systems with lost sales and Poisson demand. Our method is simple and accurate for a very broad range of problem instances, including cases with both high and low service levels. In contrast, existing methods only perform well for limited problem settings, or under restrictive assumptions.

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estimation of the cost function of a two-echelon inventory system with lost sales using regression

multi-echelon inventory systems are one of the most important and attractive areas in modelling supply chain management so that several researches and studies have been done about. in this paper, the total cost function of a two-echelon inventory system with central warehouse and many identical retailers controlled by continuous review inventory policy is estimated. we have assumed the demand i...

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ژورنال

عنوان ژورنال: International Journal of Production Economics

سال: 2006

ISSN: 0925-5273

DOI: 10.1016/j.ijpe.2005.03.007