Abstract
This paper takes up the study of a distribution warehouse at the downstream end of a supply chain, from where the off-take of the product takes place. We study the behaviour of the warehouse system, in a discrete time-frame, for cyclical demand variations, and investigate its behaviour under different types of ordering/replenishment policies, and under practically achievable lags. Analytical solutions are obtained which provide good insights into the inherent characteristics of such replenishment policies. The last type of policy, of the moving average type, is shown to have superior performance characteristics compared to the other and conventional types.
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have