10.5281/zenodo.1335222
https://zenodo.org/records/1335222
oai:zenodo.org:1335222
Bassem Roushdy
Bassem Roushdy
Nahed Sobhy
Nahed Sobhy
Abdelrhim Abdelhamid
Abdelrhim Abdelhamid
Ahmed Mahmoud
Ahmed Mahmoud
Inventory Control for a Joint Replenishment Problem with Stochastic Demand
Zenodo
2011
2011-04-28
eng
10.5281/zenodo.1335221
14953
Creative Commons Attribution 4.0 International
Most papers model Joint Replenishment Problem
(JRP) as a (kT,S) where kT is a multiple value for a common review
period T,and S is a predefined order up to level. In general the (T,S)
policy is characterized by a long out of control period which requires
a large amount of safety stock compared to the (R,Q) policy. In this
paper a probabilistic model is built where an item, call it item(i),
with the shortest order time between interval (T)is modeled under
(R,Q) policy and its inventory is continuously reviewed, while the
rest of items (j) are periodically reviewed at a definite time
corresponding to item