A simple heuristic for echelon \((r,nQ,T)\) policies in serial supply chains

DOI10.1016/j.orl.2009.08.003zbMath1176.90034OpenAlexW2065506312MaRDI QIDQ1043256

Sean X. Zhou, Kevin H. Shang

Publication date: 7 December 2009

Published in: Operations Research Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.orl.2009.08.003

zbMATH Keywords

heuristicinventory controlmulti-echelon systemsbatch orderingreplenishment intervals

Mathematics Subject Classification ID

Approximation methods and heuristics in mathematical programming (90C59) Inventory, storage, reservoirs (90B05)

Related Items

Optimal inventory management using retail prepacks, Monotonicity properties of a class of stochastic inventory systems, Effect of modeling fixed cost in a serial inventory system with periodic review, A typology and literature review on stochastic multi-echelon inventory models, Optimal \((r,nQ,T)\) batch ordering with quantized supplies

Cites Work

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• Stationary Policies in Multiechelon Inventory Systems with Deterministic Demand and Backlogging
• Newsvendor Bounds and Heuristic for Optimal Policies in Serial Supply Chains
• Note: A Simple Heuristic for Serial Inventory Systems with Fixed Order Costs
• Establishing Consistent and Realistic Reorder Intervals in Production-Distribution Systems
• 98%-Effective Integer-Ratio Lot-Sizing for One-Warehouse Multi-Retailer Systems
• Evaluating Echelon Stock (R, nQ) Policies in Serial Production/Inventory Systems with Stochastic Demand
• Optimal Policy for a Multiechelon Inventory System with Batch Ordering and Fixed Replenishment Intervals