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We consider an inventory system with one warehouse and N retailers. Lead times are constant and the retailers face independent Poisson demand. Replenishments are one-for-one. We provide simple recursive procedures for determining the holding and shortage costs of different control policies.
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Sven Axsäter (Thu,) studied this question.
synapsesocial.com/papers/6a1f4cfd2865985bbe2aae76 — DOI: https://doi.org/10.1287/opre.38.1.64
Sven Axsäter
Lund University
Operations Research
Luleå University of Technology
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