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This paper examines static and dynamic policies for replenishing and allocating inventories amongst N retailers located along a fixed delivery route. Each retailer faces independent, normally-distributed period demand and incurs a proportional holding or backorder cost on end-of-period...
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For a system of N-identical-retailers we construct a model for determining warehouse inventory-allocation policies which minimize system lost sales per retailer between system replenishments. An allocation policy is specified by: (a) the number of withdrawals from warehouse stock; (b) the...
Persistent link: https://www.econbiz.de/10009218297
This dissertation develops optimal/near-optimal allocation and replenishment policies for a multi-level, periodic-review, fixed-route logistics system which is comprised of a Logistics Center and several non-identical retailers located along a fixed route. The Logistics Center coordinates the...
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