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Applying a new ordering policy in a two-echelon inventory system with Poisson demand rate for retailers and transportation cost.
Rasoul Haji
Hamed Tayebi
Babak Haji
Published in:
Int. J. Bus. Perform. Supply Chain Model. (2011)
Keyphrases
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stochastic demand
ordering policy
order quantity
lost sales
inventory control
lead time
infinite horizon
planning horizon
service level
supply chain
replenishment policy
batch size
poisson process
inventory systems
optimal policy
finite horizon
standard deviation
single item
total cost
single stage
customer demand