Controlling distribution inventory systems with shipment consolidation and compound Poisson demand

Volume: 280, Issue: 1, Pages: 90 - 101
Published: Jan 1, 2020
Abstract
null null We consider a one-warehouse-multiple-retailer inventory system where the retailers face stochastic customer demand, modelled as compound Poisson processes. Deliveries from the central warehouse to groups of retailers are consolidated using a time based shipment consolidation policy. This means that replenishment orders have to wait until a vehicle departures, which increases the lead time for the retailers and therefore also the safety...
Paper Details
Title
Controlling distribution inventory systems with shipment consolidation and compound Poisson demand
Published Date
Jan 1, 2020
Volume
280
Issue
1
Pages
90 - 101
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