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Probabilistic solution and bounds for serial inventory systems with discounted and average costs

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Publication:5438261
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DOI10.1002/NAV.20234zbMath1151.90306OpenAlexW2024507484MaRDI QIDQ5438261

Xiuli Chao, Sean X. Zhou

Publication date: 23 January 2008

Published in: Naval Research Logistics (NRL) (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1002/nav.20234


zbMATH Keywords

average costdiscounted costmulti-echelon inventory systembounds and heuristicsoptimality of echelon base-stock policies


Mathematics Subject Classification ID

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


Related Items (4)

Inventory management in a base-stock controlled serial production system with finite storage space ⋮ Provably Near-Optimal Balancing Policies for Multi-Echelon Stochastic Inventory Control Models ⋮ A typology and literature review on stochastic multi-echelon inventory models ⋮ Newsvendor bounds and heuristics for serial supply chains with regular and expedited shipping




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