Summary
We consider an Markovian model for a two-echelon inventory/return system. The system consists of a supply plant with infinite capacity and a central warehouse for inventory and returns. There is also a number of local warehouses which are also able to re-manufacture products. To obtain a high service level of handling inventory and returns, lateral transshipment of demands is allowed among the local warehouses.
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Tai, A.H., Ching, WK. (2006). A Two-echelon Model for Inventory and Returns. In: Haasis, HD., Kopfer, H., Schönberger, J. (eds) Operations Research Proceedings 2005. Operations Research Proceedings, vol 2005. Springer, Berlin, Heidelberg . https://doi.org/10.1007/3-540-32539-5_21
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DOI: https://doi.org/10.1007/3-540-32539-5_21
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-32537-6
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