at Google ScholarTitle data
Rambau, Jörg ; Schade, Konrad:
The Stochastic Guaranteed Service Model with Recourse for Multi-Echelon Warehouse Management.
In: Electronic Notes in Discrete Mathematics.
Vol. 36
(2010)
.
- pp. 783-790.
ISSN 1571-0653
DOI: https://doi.org/10.1016/j.endm.2010.05.099
Abstract in another language
The Guaranteed Service Model (GSM) computes optimal order-points in multiechelon inventory control under the assumptions that delivery times can be guaranteed and the demand is bounded. Our new Stochastic Guaranteed Service Model (SGSM) with Recourse covers also scenarios that violate these assumptions. Simulation experiments on real-world data of a large german car manufacturer show that policies bases on the SGSM dominate GSM-policies in terms of both inventory and recourse cost.
Further data
| Item Type: | Article in a journal |
|---|---|
| Refereed: | Yes |
| Institutions of the University: | Faculties Faculties > Faculty of Mathematics, Physics und Computer Science Faculties > Faculty of Mathematics, Physics und Computer Science > Department of Mathematics Faculties > Faculty of Mathematics, Physics und Computer Science > Department of Mathematics > Chair Mathematical Economics > Chair Mathematical Economics - Univ.-Prof. Dr. Jörg Rambau Faculties > Faculty of Mathematics, Physics und Computer Science > Department of Mathematics > Chair Mathematical Economics |
| Result of work at the UBT: | Yes |
| DDC Subjects: | 500 Science > 510 Mathematics |
| Date Deposited: | 04 Jun 2014 08:10 |
| Last Modified: | 01 Dec 2014 12:40 |
| URI: | https://eref.uni-bayreuth.de/id/eprint/745 |