Order-up-to Networked Policy for Periodic-Review Goods Distribution Systems with Delay

Przemyslaw Ignaciuk

2015

Abstract

In this paper, inventory control problem in goods distribution networks with non-negligible transshipment delay is addressed. In contrast to the majority of earlier approaches, system modeling and policy design do not assume simplified system structure, such as a serial, or a tree-like one. The network nodes, in addition to satisfying market demand, answer internal requests with delay spanning multiple periods. The stock in the network is refilled from uncapacited outside sources. A dynamic model of the considered class of goods distribution systems is constructed and a new inventory policy is formulated. The proposed policy shares similarity with the classical order-up-to one, yet provide improved performance owing to the networked perspective assumed in the design process.

Paper Citation

in Harvard Style

Ignaciuk P. (2015). Order-up-to Networked Policy for Periodic-Review Goods Distribution Systems with Delay . In Proceedings of the 12th International Conference on Informatics in Control, Automation and Robotics - Volume 2: ICINCO, ISBN 978-989-758-123-6, pages 498-503. DOI: 10.5220/0005561604980503

in Bibtex Style

@conference{icinco15,
author={Przemyslaw Ignaciuk},
title={Order-up-to Networked Policy for Periodic-Review Goods Distribution Systems with Delay},
booktitle={Proceedings of the 12th International Conference on Informatics in Control, Automation and Robotics - Volume 2: ICINCO,},
year={2015},
pages={498-503},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0005561604980503},
isbn={978-989-758-123-6},
}

in EndNote Style

TY - CONF
JO - Proceedings of the 12th International Conference on Informatics in Control, Automation and Robotics - Volume 2: ICINCO,
TI - Order-up-to Networked Policy for Periodic-Review Goods Distribution Systems with Delay
SN - 978-989-758-123-6
AU - Ignaciuk P.
PY - 2015
SP - 498
EP - 503
DO - 10.5220/0005561604980503