A simple heuristic for echelon (r, nQ, T) policies in serial supply chains.
Kevin H. ShangSean X. ZhouPublished in: Oper. Res. Lett. (2009)
Keyphrases
- supply chain
- lead time
- supply chain management
- serial inventory systems
- inventory control
- optimal policy
- bullwhip effect
- information revelation
- inventory management
- decision making
- service level
- holding cost
- inventory policy
- revenue sharing
- safety stock
- planning horizon
- supplier selection
- state space
- base stock policies
- periodic review
- discrete event simulation
- control policies
- finite horizon
- lot sizing
- decision support system