Multi-product batch replenishment strategies under stochastic demand and a joint capacity constraint |
| |
| Authors: | Stefan Minner Edward A Silver |
| |
| Affiliation: |
a Mannheim Business School, University of Mannheim. Schloss, Mannheim, Germany
b Haskayne School of Business, University of Calgary, 2500 University Drive NW, Calgary, Canada |
| |
| Abstract: | We analyze a multi-product inventory replenishment problem with Poisson demands where the aggregate inventory level at any time is restricted by a common budget or space limitation. We present a semi-Markov decision problem formulation, several heuristics for finding the replenishment quantities (given the current inventories) and a comparison from a cost performance perspective. |
| |
| Keywords: | |
| 本文献已被 InformaWorld 等数据库收录！ |
|
