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A single supplier-single retailer system with an order-up-to level inventory policy
Date
2008-09-01
Author
Solyali, Oguz
Süral, Haldun
Metadata
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This work is licensed under a
Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License
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We consider a two-level vendor-managed system in which external demand occurs only at a retailer and a supplier replenishes the retailer employing an order-up-to S policy over T periods. We present an O(T-3) algorithm to coordinate the system when S is known. We also show that S can be optimized in O(aT(3)) time for an input parameter a.
Subject Keywords
Lot-sizing
,
Order-up-to level inventory policy
,
Dynamic programming
URI
https://hdl.handle.net/11511/46811
Journal
OPERATIONS RESEARCH LETTERS
DOI
https://doi.org/10.1016/j.orl.2008.05.005
Collections
Department of Industrial Engineering, Article
