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Background: Analysis of (s-1, s) and Order-Up-To Policies -- Background Concepts: An Introduction to the (s-1, s) Policy under Poisson and Compound Poisson Demand -- An Exact Model for a Depot-Base Two Echelon Inventory and Repair System -- Tactical Planning Models for Managing Recoverable Items...
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We consider optimal inventory replenishment policies for capacitated 2-echelon serial inventory systems, where the capacity of upstream echelon can be the bottleneck. We show that the optimal replenishment decisions in each period can be made one echelon at a time by introducing a procedure that...
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Emerging technologies such as drone delivery services enable retailers to cost-effectively offer unprecedented delivery speed and adaptable delivery lead times using dedicated aerial vehicles for individual orders. A natural and important question arises: What is the impact of a drone delivery...
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