An Inventory Allocation System with Backorders and Sales Rejection

2009.

Cited by: 1|Views4

Abstract:

We consider a variant of the periodic review system with a virtual warehouse that is due to Eppen and Schrage (1981). Depending on the realized pattern of demand during the delivery leadtime, this inventory is dynamically allocated or rationed to each of the retailers. While Eppen and Schrage (1981) assume that all unfilled demand is back...More

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