A Single-Unit Decomposition Approach to Multiechelon Inventory Systems
成果类型:
Article
署名作者:
Muharremoglu, Alp; Tsitsiklis, John N.
署名单位:
Columbia University; Massachusetts Institute of Technology (MIT)
刊物名称:
OPERATIONS RESEARCH
ISSN/ISSBN:
0030-364X
DOI:
10.1287/opre.1080.0620
发表日期:
2008
页码:
1089-1103
关键词:
摘要:
we show the optimality of state-dependent echelon base-stock policies in uncapacitated serial inventory systems with Markov-modulated demand and Markov-modulated stochastic lead times in the absence of order crossing. Our results cover finite-time horizon problems as well as infinite-time horizon formulations, with either a discounted or an average cost criterion. We employ a novel approach, based on a decomposition of the problem into a series of single-unit single-customer problems that are essentially decoupled. Besides providing a simple proof technique, this approach also gives rise to efficient algorithms for the calculation of the base-stock levels.