A New replenishment Policy in a Two-echelon Inventory System with Stochastic Demand

Abstract : In this paper we consider a two-echelon inventory system consisting of one central warehouse and a number of non-identical retailers. The warehouse uses a regular one-for-one policy to replenish its inventory, but the retailers apply a new policy that is each retailer orders one unit to central warehouse in a pre-determined time interval. The most advantage of this policy is that the retailers' orders, which constitute warehouse demand, are deterministic. For this system we show how the inventory costs can be evaluated. By the numerical examples we compare our policy with one-for-one policy.
Document type :
Conference papers
Complete list of metadatas

https://hal.archives-ouvertes.fr/hal-00377442
Contributor : Armand Baboli <>
Submitted on : Tuesday, April 21, 2009 - 6:10:55 PM
Last modification on : Wednesday, October 31, 2018 - 12:24:09 PM

Identifiers

  • HAL Id : hal-00377442, version 1

Citation

Rasoul Haji, Mohammadali Pirayesh Neghab, Armand Baboli. A New replenishment Policy in a Two-echelon Inventory System with Stochastic Demand. International Conference on Service Systems and Service Management (ICSSSM06), Oct 2007, Troyes, France. 5 p. ⟨hal-00377442⟩

Share

Metrics

Record views

149