Performance evaluation of a two‐echelon supply chain with stochastic demand, lost sales, and Coxian‐2 phase replenishment times

DOI10.1111/itor.12057zbMath1307.90195OpenAlexW2161251572MaRDI QIDQ5175834

Vassilios Vrisagotis, George Varlas, Michael J. Vidalis

Publication date: 25 February 2015

Published in: International Transactions in Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/itor.12057

zbMATH Keywords

performance measureslost salestwo-echelon supply chainMarkov analysiscontinuous review inventory policy

Mathematics Subject Classification ID

Production models (90B30) Markov and semi-Markov decision processes (90C40)

Related Items (1)

A simulation model of a coordinated decentralized supply chain

Uses Software

• SMCSolver

Cites Work

• Lost-sales inventory theory: a review
• Continuous-review, lost-sales inventory models with Poisson demand, a fixed lead time and no fixed order cost
• The throughput rate of multistation unreliable production lines
• Structured analysis approaches for large Markov chains
• Periodic review lost-sales inventory models with compound Poisson demand and constant lead times of any length
• Optimal and near-optimal policies for lost sales inventory models with at most one replenishment order outstanding
• Analysis of flow lines with Cox-2-distributed processing times and limited buffer capacity

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