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In this paper we provide a novel approach to characterize the order process of an (s,S) and an (r,nQ) inventory policy. These inventory policies are commonly used when a fixed order cost is present. We provide two distinct perspectives. First, we analyze the time between subsequent...
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We consider a two echelon supply chain: a single retailer holds a finished goods inventory to meet an i.i.d. customer demand, and a single manufacturer produces the retailer's replenishment orders on a make-to-order basis. In this setting the retailer's order decision has a direct impact on the...
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In this paper we study a two-echelon supply chain with a retailer serving a consumer who is sensitive to marketing and pricing promotions. This results in either positively or negatively autocorrelated demand. Based on the observed consumer demand, the retailer replenishes with an adaptive...
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