Answers are grounded in this paper and cite their sources.
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.
No takes yet. Share an insight, caveat, or question.
Minner et al. (2005) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: