An exact solution procedure for multi-item two-echelon spare parts inventory control problem with batch ordering in the central warehouse
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Date
2010
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Elsevier Science BV
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Abstract
We consider a multi-item two-echelon inventory system in which the central warehouse operates under a (Q, R) policy, and the local warehouses implement basestock policy. An exact solution procedure is proposed to find the inventory control policy parameters that minimize the system-wide inventory holding and fixed ordering cost subject to an aggregate mean response time constraint at each facility
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Keywords
Inventory, Branch and Price, Two-Echelon, Multi-Item, Batch Ordering, Spare Parts
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Citation
Topan,E., Bayındır, Z.P., Tan,T. (2010). An exact solution procedure for multi-item two-echelon spare parts inventory control problem with batch ordering in the central warehouse. Operations Research Letters, 38(5), 454-461. http://dx.doi.org/10.1016/j.orl.2010.05.006
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Source
Operations Research Letters
Volume
38
Issue
5
Start Page
454
End Page
461