Fixed-interval order-up-to policies and myopic optimal warehouse stock allocation for one-warehouse multiple-retailer systems

• Main Authors: Wang, Qinan, Wan, Guangyu
• Other Authors: Nanyang Business School
• Format: Article
• Language: English
• Published: 2023
• Subjects: Business::Operations management; Myopic Optimal Allocation; Virtual Allocation
• Online Access: https://hdl.handle.net/10356/172526
• Institution: Nanyang Technological University

We consider a centralized two-level distribution system that consists of one warehouse and multiple retailers. The retailers are non-identical and face independent Poisson demand. The system adopts a fixed-interval order-up-to policy, in which the warehouse and retailers each order in a fixed interv...