Abstract
We review academic research on dual-sourcing (or dual-mode) dynamic stochastic inventory models, which study the replenishment of inventory from two sources (or two transportation modes) in the presence of demand uncertainty. The classic assumption, also adopted here, is that the two sources (modes) differ by replenishment leadtimes and costs. We cover both discrete and continuous-time models. A distinguish feature of our review from others is that our review is more technically detailed and provides self-contained proofs of several fundamental results in the dual-sourcing literature. We also highlight theory advanced recently by using asymptotic analysis.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
