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URN to cite this document: urn:nbn:de:bvb:703-opus-9688
Title data
Rambau, Jörg ; Schade, Konrad:
The Stochastic Guaranteed Service Model with Recourse for Multi-Echelon Warehouse Management.
Bayreuth
,
2012
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Abstract
The Guaranteed Service Model (GSM) computes optimal order-points in multi-echelon 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 based on the SGSM dominate GSM-policies.
Further data
| Item Type: | Preprint, postprint |
|---|---|
| Additional notes (visible to public): | erscheint in:
Mathematical Methods of Operations Research. Bd. 79 (2014) . - S. 1-34. ISSN 1432-5217 msc: 90B05 |
| Keywords: | Optimierungsproblem; Stochastische optimale Kontrolle; Optimale Kontrolle; Lagerhaltung; Ganzzahlige Lineare Programmierung; Multi-echelon inventory control; guaranteed service model; stochastic programming; integer linear programming; real-world application |
| DDC Subjects: | 500 Science > 510 Mathematics |
| Institutions of the University: | Faculties > Faculty of Mathematics, Physics und Computer Science > Department of Mathematics Faculties Faculties > Faculty of Mathematics, Physics und Computer Science |
| Language: | English |
| Originates at UBT: | Yes |
| URN: | urn:nbn:de:bvb:703-opus-9688 |
| Date Deposited: | 25 Apr 2014 06:36 |
| Last Modified: | 07 Jun 2021 11:21 |
| URI: | https://epub.uni-bayreuth.de/id/eprint/258 |
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