Evaluation of base-stock policies in multiechelon inventory systems with state-dependent demands. Part II: State-dependent depot policies
Publication
, Journal Article
Song, JS; Zipkin, PH
Published in: Naval Research Logistics
January 1, 1996
We consider a two-echelon inventory system where the exogenous demands occur only at the retailer locations, and the demand rates are functions of an underlying continuous-time Markov chain. This underlying process may represent, for example, general economic conditions, the number of active users in the system, et cetera. Each retailer location follows a base-stock policy that is independent of the process. However, the warehouse (central depot) follows a state-dependent base-stock policy. We develop a procedure to compute the exact steady-state customer-delay distribution for both the warehouse and the retailer locations. © 1996 John Wiley & Sons, Inc.
Duke Scholars
Published In
Naval Research Logistics
DOI
ISSN
0894-069X
Publication Date
January 1, 1996
Volume
43
Issue
3
Start / End Page
381 / 396
Related Subject Headings
- Logistics & Transportation
- 4901 Applied mathematics
- 3509 Transportation, logistics and supply chains
- 1503 Business and Management
- 0103 Numerical and Computational Mathematics
- 0102 Applied Mathematics
Citation
APA
Chicago
ICMJE
MLA
NLM
Song, J. S., & Zipkin, P. H. (1996). Evaluation of base-stock policies in multiechelon inventory systems with state-dependent demands. Part II: State-dependent depot policies. Naval Research Logistics, 43(3), 381–396. https://doi.org/10.1002/(SICI)1520-6750(199604)43:3<381::AID-NAV5>3.0.CO;2-5
Song, J. S., and P. H. Zipkin. “Evaluation of base-stock policies in multiechelon inventory systems with state-dependent demands. Part II: State-dependent depot policies.” Naval Research Logistics 43, no. 3 (January 1, 1996): 381–96. https://doi.org/10.1002/(SICI)1520-6750(199604)43:3<381::AID-NAV5>3.0.CO;2-5.
Song JS, Zipkin PH. Evaluation of base-stock policies in multiechelon inventory systems with state-dependent demands. Part II: State-dependent depot policies. Naval Research Logistics. 1996 Jan 1;43(3):381–96.
Song, J. S., and P. H. Zipkin. “Evaluation of base-stock policies in multiechelon inventory systems with state-dependent demands. Part II: State-dependent depot policies.” Naval Research Logistics, vol. 43, no. 3, Jan. 1996, pp. 381–96. Scopus, doi:10.1002/(SICI)1520-6750(199604)43:3<381::AID-NAV5>3.0.CO;2-5.
Song JS, Zipkin PH. Evaluation of base-stock policies in multiechelon inventory systems with state-dependent demands. Part II: State-dependent depot policies. Naval Research Logistics. 1996 Jan 1;43(3):381–396.
Published In
Naval Research Logistics
DOI
ISSN
0894-069X
Publication Date
January 1, 1996
Volume
43
Issue
3
Start / End Page
381 / 396
Related Subject Headings
- Logistics & Transportation
- 4901 Applied mathematics
- 3509 Transportation, logistics and supply chains
- 1503 Business and Management
- 0103 Numerical and Computational Mathematics
- 0102 Applied Mathematics