Fixed-Interval Joint-Replenishment Policies for Distribution Systems with Multiple Retailers and Stochastic Demand
We consider a distribution system consisting of a central warehouse and a group of retailers facing independent stochastic demand. The retailers replenish from the warehouse, and the warehouse from an outside supplier with ample supply. Time is continuous. Most previous studies on inventory control policies for this system have considered stock-based batch-ordering policies. We develop a time-base
