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ON THE IMBALANCE OF INVENTORIES IN MULTI-ECHELSON SYSTEMS.

Publication ,  Journal Article
Zipkin, P
Published in: Mathematics of Operations Research
1984

A central depot periodically orders or produces new stock and withdraws inventory in order to allocate it among several demand points, each experiencing random demands over a finite planning horizon. This system gives rise to a dynamic program with a state space of very large dimension. The author determines a near-optimal allocation policy and constructs a tractable, approximate dynamic program to help determine good orders and withdrawals. This is done by exploring the effects of a measure of the imbalance of inventories at the demand points. Numerical results are included.

Duke Scholars

Published In

Mathematics of Operations Research

Publication Date

1984

Volume

9

Issue

3

Start / End Page

402 / 423

Related Subject Headings

  • Operations Research
  • 0802 Computation Theory and Mathematics
  • 0103 Numerical and Computational Mathematics
  • 0102 Applied Mathematics
 

Citation

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MLA
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Zipkin, P. (1984). ON THE IMBALANCE OF INVENTORIES IN MULTI-ECHELSON SYSTEMS. Mathematics of Operations Research, 9(3), 402–423.
Zipkin, P. “ON THE IMBALANCE OF INVENTORIES IN MULTI-ECHELSON SYSTEMS.Mathematics of Operations Research 9, no. 3 (1984): 402–23.
Zipkin P. ON THE IMBALANCE OF INVENTORIES IN MULTI-ECHELSON SYSTEMS. Mathematics of Operations Research. 1984;9(3):402–23.
Zipkin, P. “ON THE IMBALANCE OF INVENTORIES IN MULTI-ECHELSON SYSTEMS.Mathematics of Operations Research, vol. 9, no. 3, 1984, pp. 402–23.
Zipkin P. ON THE IMBALANCE OF INVENTORIES IN MULTI-ECHELSON SYSTEMS. Mathematics of Operations Research. 1984;9(3):402–423.

Published In

Mathematics of Operations Research

Publication Date

1984

Volume

9

Issue

3

Start / End Page

402 / 423

Related Subject Headings

  • Operations Research
  • 0802 Computation Theory and Mathematics
  • 0103 Numerical and Computational Mathematics
  • 0102 Applied Mathematics