Can-order policy for the periodic-review joint replenishment problem

Journal of the Operational Research Society

Volumn 54, Issue 3, 2003, Pages 283-290

  Johansen, S G ^a,b   Melchiors, P ^a  

^a AARHUS UNIVERSITY   (Denmark)

^b Building 530 ^*  (Denmark)

Author keywords

Can order policy; Inventory control; Joint replenishment; Markov processes

Indexed keywords

DECISION THEORY; INVENTORY CONTROL; PROBLEM SOLVING;

JOINT REPLENISHMENT;

MARKOV PROCESSES;

EID: 0037356043     PISSN: 01605682     EISSN: None     Source Type: Journal    
DOI: 10.1057/palgrave.jors.2601499     Document Type: Review

References (13)

1. Balintfy JL (1964). On a basic class of multi-item inventory problems. Mngt Sci 10: 287-297.
2. Atkins D and Iyogun PO (1988). Periodic versus 'can-order' policies for coordinated multi-item inventory systems. Mngt Sci 34: 791-796.
3. Viswanathan S (1997). Periodic review (s, S) policies for joint replenishment inventory systems. Mngt Sci 43: 1447-1454.
4. Silver EA, Pyke DF and Peterson R (1998). Inventory Management and Production Planning and Scheduling, John Wiley: New York
5. Ignall E (1969). Optimal continuous review policies for two product inventory systems with joint setup costs. Mngt Sci 15: 278-283.
6. Ohno K, Ishigaki T and Yoshii T (1994). A new algorithm for a multi-item periodic review inventory system. Math Meth Opns Res 39: 349-364.
7. Ohno K and Ishigaki T (2001). A multi-item continuous review inventory system with compound Poisson demand. Math Meth Opns Res 53: 147-165.
8. Silver EA (1974). A control system for coordinated inventory replenishment. Int J Prod Res 12: 647-670.
9. Zheng Y-S (1994). Optimal control policy for stochastic inventory systems with Markovian discount opportunities. Opns Res 42: 721-738.
10. Federgruen A, Groenevelt H and Tijms HC (1984). Coordinated replenishments in a multi-item inventory system with compound Poisson demands. Mngt Sci 30: 344-357.
11. Schultz H and Johansen SG (1999). Can-order policies for coordinated inventory replenishment with Erlang distributed times between ordering. Eur J Opl Res 113: 30-41.
12. Melchiors P (2002). Calculating can-order policies for the joint replenishment problem by the compensation approach. Eur J Opl Res 141: 587-595.
13. Tijms HC (1994). Stochastic Models: An Algorithmic Approach. John Wiley: Chichester.