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Fill Rate 제약이 존재하는 2단계 분배형 시스템에서의 분배 계획Distribution Planning for a Two-Echelon Distribution System under Fill Rate Constraints

Other Titles
Distribution Planning for a Two-Echelon Distribution System under Fill Rate Constraints
Authors
권익현김성식김창욱
Issue Date
2006
Publisher
한국경영과학회
Keywords
Distribution Inventory System; Periodic Review; Normally Distributed Demand; Fill Rate; Rationing Rule
Citation
한국경영과학회지, v.31, no.4, pp.125 - 138
Indexed
KCI
Journal Title
한국경영과학회지
Volume
31
Number
4
Start Page
125
End Page
138
URI
https://scholar.korea.ac.kr/handle/2021.sw.korea/125977
ISSN
1225-1119
Abstract
This paper considers a periodic review, two-echelon inventory system with one central warehouse and several retailers facing normally distributed demand. The goal is to attain target fill rates, while the systemwide total holding costs are minimized. An important aspect of this problem is material rationing in the case of shortages. If a central warehouse has insufficient inventory to deliver all replenishment orders to retailers, all order quantities are should be adjusted according to some rationing rule. A simple but efficient rationing rule is proposed and compared with the Balanced Stock (BS) rationing as introduced by Heijden which is known to be the best rationing policy in the literature. Numerical results show that the proposed rationing rule is more cost effective than BS rationing, especially for the differences in holding costs between retailers are large.
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