T his study analyzes optimal replenishment policies that minimize expected discounted cost of multi-product stochastic inventory systems. The distinguishing feature of the multi-product inventory system that we analyze is the existence of correlated demand and joint-replenishment costs across multiple products. Our objective is to understand the structure of the optimal policy and use this stru...

In a recent paper, Murthy, Benton and Rubin (2003) discussed the problem of offsetting inventory replenishment cycles of several items in order to minimize the maximum required storage space. They analyzed the case where replenishment cycles are given integer multiples of a basic period and proposed a heuristic to solve the problem. While they provided a good analysis of the considered problem,...

• Support for very large deployments Would you like to become more demand-driven by using true end-customer demand for forecasting and replenishment planning? Are you able to understand and respond using downstream consumption data? Have you been unable to do this because of the large data volumes and performance limitations using traditional hardware and software? Oracle® In-Memory Consumption...

The tear replenishment rate under three different hydrogel lenses was determined with a slit lamp modified to serve as a fluorophotometer. Fractional tear volume replenishment rates under these lenses averaged 0.011 per blink, which is significantly lower than the 0.10 to 0.20 per blink reported for rigid lenses. These data suggest that the amount of oxygen delivered to the cornea by tear pumpi...

T article studies a single-location inventory model with random leadtimes. Inventory is replenished by a single supplier who, at the time a replenishment order is received, knows exactly when the order will be delivered. In other words, the supplier knows the leadtime for every replenishment order. Suppose the singlelocation inventory system is managed by a retailer. The objective of this artic...

Collaborative planning, forecasting and replenishment (CPFR) coordinates the various supply chain management activities including production and purchase planning, demand forecasting and inventory replenishment between supply chain trading partners. This study proposes a systematic way of analyzing CPFR supporting factors using fuzzy cognitive map (FCM) approach. FCMs have proven particularly u...