Newsvendor equations for optimal reorder levels of serial inventory systems with fixed batch sizes

被引:5
作者
Dogru, M. K. [2 ]
van Houtum, G. J. [1 ]
de Kok, A. G. [1 ]
机构
[1] Tech Univ Eindhoven, Dept Technol Management, NL-5600 MB Eindhoven, Netherlands
[2] Alcatel Lucent Bell Labs, Dublin, Ireland
基金
美国国家科学基金会;
关键词
Inventory; Multi-echelon; (R; nQ); policy; Newsvendor equations;
D O I
10.1016/j.orl.2008.06.003
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
We consider a stochastic serial inventory system with a given fixed batch size per stage and linear inventory holding and penalty costs. For this system, echelon stock (R, nQ) policies are known to be optimal. On the basis of new average costs formulas, we obtain newsvendor equations for the optimal reorder levels. (c) 2008 Elsevier B.V. All rights reserved.
引用
收藏
页码:551 / 556
页数:6
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