Accession Number:

ADA181487

Title:

An Evaluation of a Joint Replenishment Inventory Model with Random Demands.

Descriptive Note:

Master's thesis,

Corporate Author:

NAVAL POSTGRADUATE SCHOOL MONTEREY CA

Personal Author(s):

Report Date:

1987-03-01

Pagination or Media Count:

71.0

Abstract:

This paper considers a joint replenishment inventory problem with a continuous-review S, c, s policy for the backorder case with Poisson demands and constant procurement lead times. Whenever item is inventory level hits s sub i reorder point or lower it triggers an order so as to raise item is level to S sub i order up point. At the same time any other item j with inventory level at-or-below its can-order point c sub j is included in the replenishment. A Poisson demand model with a queueing description of the systems operation is analysed, and comparisons are conducted for joint versus individual orders in the case of multi-item problems, where joint replenishment of several items may reduce setup costs. Keywords Theses Mathematical models, Computer programs.

Subject Categories:

  • Logistics, Military Facilities and Supplies

Distribution Statement:

APPROVED FOR PUBLIC RELEASE