Coordination Policies for Multi-Echelon Multi- Product Inventory Systems
نویسندگان
چکیده
Starting in the 1960s, a number of academic works have focused in serial and distributed multi-echelon structures and in both deterministic and stochastic environments. Clark and Scarf (1960, 1962) developed a seminal work in which they presented optimal policies for a serial multi-echelon system. Schwartz (1973) studied a deterministic model having one warehouse and N retailers and showed that optimal policies can be very difficult to find. The concept of linked stationary policies was presented by Schwartz (1973) and Love (1972). Many heuristics have been developed to extend the classical EOQ (Economic Order Quantity) model to multi-echelon systems. A disadvantage is that most of them lack of verifiable lower bounds (Muckstad and Roundy, 1987) as in the case of Blackburn and Millen (1982), Williams (1981), Crowston and Wagner (1973), Crowston. Wagner and Henshaw (1972), Crowston, Wagner ABSTRACT
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