We consider the problem of minimizing the overall cost of a supply chain, over a possibility long horizon, under demand uncertainly which is known only crudely. Under such circumstances, the method of choice is Robust Optimization, in particular the Affinely Adjustable Robust Counterpart (AARC) method which leads to tractable deterministic optimization problems. The latter is due to a recent re...

Joint managed inventory is an advanced supply chain inventory management tool, which will effectively tackle the complicated problem between the inventory cost of supply chain and service level. The research on inventory model and its’ control under JMI environment is a hot issue at present. In this paper, the authors deeply discuss the question of the inventory time costs about the multi-produ...

Inventory or material balance control is an important part of process control. In the literature, many rules have been proposed to help in designing such systems, but their justification is often unclear. The main contribution of this paper is to propose the more general localconsistency rule for evaluating inventory control systems. Consistency means that the steadystate mass balances (total, ...

Inventory or material balance control is an important part of process control. In the literature, many rules have been proposed to held in designing such systems, but their justification is often unclear. The main contribution of this paper is to proposed the more general selfconsistency rule for evaluating inventory control systems. Consistency means that the steadystate mass balances (total, ...

Andris Moïler is a research fellow at the Institute of Mathematics of the Humboldt-University Berlin. Before that, he was a research fellow at the Weierstrass Institute for Applied Analysis and Stochastics in Berlin and the Humboldt-University Berlin. His research interests include unit commitment in power production planning, optimal control of destillation processes with probabilistic constra...

A two-echelon one-warehouse multi-retailer inventory system is considered. Everyday, each retailer faces a stochastic demand and must choose whether to replenish or not from the warehouse. Decisions are made locally with the objective of minimizing individual ordering, storage/shortage and fixed transportation costs. The last are shared among all retailers who choose to replenish, thus motivati...