Analysis of fill rate in general periodic review two-stage inventory systems
by Jiang Zhang
International Journal of Operational Research (IJOR), Vol. 14, No. 4, 2012

Abstract: For echelon base-stock policies, Zhang et al. (2010) derive the fill rate expression in which both stages have the same review intervals and use numerical examples to show some properties of the fill rate in regard to model parameters. We extent their model by considering the inventory replenishment at both stages which follows an echelon base-stock policy with periodic batching: each stage is allowed to order at equidistant times and the order interval of the upstream stage is an integer multiple of the order interval of the downstream stage. For such a system, we develop an exact expression for the system's fill rate. Using stochastic comparison approach, we establish some sensitivity analysis results on fill rate with respect to problem parameters.

Online publication date: Sun, 11-Jan-2015

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Operational Research (IJOR):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com