A Multiechelon Inventory Problem with Secondary Market Sales
We consider a finite-horizon, multiechelon inventory system in which the surplus of stock can be sold (i.e., disposed) in the secondary markets at each stage in the system. What are called nested echelon order-up-to policies are shown to be optimal for jointly managing inventory replenishments and s...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2011
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| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/3792 https://ink.library.smu.edu.sg/context/lkcsb_research/article/4790/viewcontent/Angelus2010mnscMultiechelonInventory_pub.pdf |
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| Institution: | Singapore Management University |
| Language: | English |