A study of multi-echelon and multi-location inventory system
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Author
Bèuyèukkarhan, Turgut
Date
1980-09Advisor
Richards, F. Russell
Second Reader
Roland, E. F.
Metadata
Show full item recordAbstract
The reorder point and reorder quantity for a multiechelon
inventory system consisting of two levels were
determined through the use of a mathematical model and a
computer simulation was used to verify the results.
The main echelon supported two lower echelon stock
points and reordered using a continuous review inventory
policy. The two lower echelon stock points operated under
periodic review policies.
The measure of effectiveness used was to minimize total
system costs subject to a constraint on the maximum number
of back orders per year.
The results from the mathematical model were used as
input values for the simulation and measures of effectiveness
were compared. An alternative procedure was proposed
and simulated; and the results of the three products were
compared.
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