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IOR
2007
65views more  IOR 2007»
13 years 5 months ago
A Comparison of the Optimal Costs of Two Canonical Inventory Systems
We compare two inventory systems, one in which excess demand is lost and the other in which excess demand is backordered. Both systems are reviewed periodically. They experience t...
Ganesh Janakiraman, Sridhar Seshadri, J. George Sh...
IOR
2008
90views more  IOR 2008»
13 years 5 months ago
Optimal Position-Based Warehouse Ordering in Divergent Two-Echelon Inventory Systems
: A continuous review two-echelon inventory system with a central warehouse and a number of non-identical retailers is considered. The retailers face independent Poisson demand and...
Sven Axsäter, Johan Marklund
ANOR
2008
116views more  ANOR 2008»
13 years 5 months ago
Coordination mechanisms for inventory control in three-echelon serial and distribution systems
Abstract This paper is concerned with the coordination of inventory control in threeechelon serial and distribution systems under decentralized control. All installations in these ...
Henk Zijm, Judith Timmer
MSOM
2007
105views more  MSOM 2007»
13 years 4 months ago
Managing a Bank's Currency Inventory Under New Federal Reserve Guidelines
New currency recirculation guidelines implemented by the Federal Reserve System (Fed) of the United States are intended to reduce the overuse of its currency processing services b...
H. Neil Geismar, Milind Dawande, Divakar Rajamani,...
WSC
1996
13 years 6 months ago
Modeling issues in a shipping system
We describe the application of simulation and statistical analyses to the improvement of a shipping and distribution system supporting a component-fabrication plant and two automo...
Edward J. Williams, Susan Khoubyari