NDLI: On deficiencies of common ordering policies for multi-level inventory control

Content Provider	Springer Nature Link
Author	Axsäter, Sven
Copyright Year	1997
Abstract	We consider two common types of ordering policies for multi-level inventory control: installation stock (R,Q)-policies and echelon stock (R,Q)-policies. The batch quantities are assumed to be given, but each policy is optimized with respect to its reorder point R. We demonstrate that there is no bound for the worst case performance ratio of these policies when applied to distribution inventory systems with a central warehouse and a number of retailers.Es werden zwei gebräuchliche Typen von Bestellpolitiken für mehrstufige Lagerhaltungsprobleme untersucht: (R,Q)-Politiken auf Basis lokaler Bestandsinformationen sowie (R,Q)-Politiken auf Basis systemweiter Bestände (Echelon-Bestände). Während die Losgrößen Q als gegeben angenommen werden, wird jede Politik bezüglich der Bestellpunkte R optimiert. Es wird für den Fall der Anwendung auf ein Distributionssystem mit einem Zentral- und mehreren Verkaufslägern gezeigt, daß unter Worst-Case-Bedingungen der relative Kostennachteil für jeden der beiden Politiktypen unbeschränkt groß werden kann.
Starting Page	109
Ending Page	110
Page Count	2
File Format	PDF
ISSN	01716468
Journal	OR Spectrum
Volume Number	19
Issue Number	2
e-ISSN	14366304
Language	English
Publisher	Springer-Verlag
Publisher Date	1997-01-01
Publisher Place	Berlin, Heidelberg
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Bestellpunktregeln Lagerhaltung Produktion mehrstufige Lagerhaltungssysteme Calculus of Variations and Optimal Control Optimization Business/Management Science Operation Research/Decision Theory
Content Type	Text
Resource Type	Article
Subject	Management Science and Operations Research Business, Management and Accounting

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