A two-echelon inventory model with lost sales

European Journal of Operational Research

Volumn 181, Issue 2, 2007, Pages 753-766

  Hill, R M ^a   Seifbarghy, M ^b   Smith, D K ^a  

^a UNIVERSITY OF EXETER   (United Kingdom)

^b SHARIF UNIVERSITY OF TECHNOLOGY   (Iran)

Author keywords

Batch ordering; Inventory; Iterative optimisation; Lost sales; Multi echelon; Non identical retailers; Poisson demand

Indexed keywords

ITERATIVE METHODS; OPTIMIZATION; POISSON DISTRIBUTION; PUBLIC POLICY; SUPPLY CHAINS;

BATCH ORDERING; LOST SALES; MULTI ECHELON; NON IDENTICAL RETAILERS; POISSON DEMAND;

INVENTORY CONTROL;

EID: 33947095860     PISSN: 03772217     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ejor.2006.08.017     Document Type: Article

References (17)

1. Albin S.L. On Poisson approximations for superposition arrival processes in queues. Management Science 28 (1982) 126-137
2. Andersson J., and Melchiors P. A two-echelon inventory model with lost sales. International Journal of Production Economics 69 (2001) 307-315
3. Axsäter S. Simple solution procedures for a class of two-echelon inventory problems. Operations Research 38 (1990) 64-69
4. Axsäter S. Exact and approximate evaluation of batch ordering policies for two-level inventory systems. Operations Research 41 (1993) 777-785
5. Axsäter S. Evaluation of installation stock based (R, Q)-policies for two-level inventory systems with Poisson demand. Operations Research 46 (1998) 135-145
6. Clark A.J., and Scarf H. Optimal policies for a multi-echelon inventory problem. Management Science 6 (1960) 475-490 (See also Veinott, A.F., Jr (Ed.), Mathematical Studies in Management Science. The Macmillan Co., New York, 1965, pp. 445-460)
7. Forsberg, R., 1996. Exact evaluation of (R, Q) policies for two-level inventory systems with Poisson demand.
8. Hadley G., and Whitin T.M. Analysis of Inventory Systems (1963), Prentice-Hall, Englewood Cliffs, NJ
9. Kruse W.K. Waiting time in an S - 1,S inventory system with arbitrarily distributed lead times. Operations Research 28 (1980) 348-352
10. Lee H.L., and Moinzadeh K. Operating characteristics of a two-echelon inventory system for repairable and consumable items under batch ordering and shipment policy. Naval Research Logistics 34 (1987) 365-380
11. Moinzadeh K., and Lee H.L. Batch size and stocking levels in multi-echelon repairable systems. Management Science 32 (1986) 1567-1581
12. Nahmias S., and Smith S.A. Optimizing inventory levels in a two-echelon retailer system with partial lost sales. Management Science 40 (1994) 582-596
13. Pizer S.M. Numerical Computing and Mathematical Analysis (1975), Science Research Associates, Henley-on-Thames, UK
14. Ross S.M. Applied Probability Models with Optimality Applications (1970), Holden-Day, San Francisco, CA
15. Sherbrooke C.C. METRIC: A multi-echelon technique for recoverable item control. Operations Research 16 (1968) 122-141
16. Svoronos A., and Zipkin P. Estimating the performance of multi-level inventory systems. Operations Research 36 (1988) 57-72
17. Tijms H.C. Stochastic Models: An Algorithmic Approach (1994), John Wiley & Sons, Chichester, UK