Multi-echelon systems : a service measure perspective

E.B. Diks; A.G. Kok, de; A.G. Lagodimos

Multi-echelon systems : a service measure perspective

E.B. Diks, A.G. Kok, de, A.G. Lagodimos

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Abstract

This paper reviews the most important results on divergent multi-echelon systems. In particular, we concentrate on the interactions between the elements that constitute such a multi-echelon system, in order to determine several service measures (e.g. external customer service level and inventory holding costs). We distinguish between two types of policies: installation stock and echelon stock policies. A comparison between these two types of policies revealed that the complexity of the analysis is concentrated at different aspects, which are discussed by reviewing the most important papers on both types. Special attention is given to the applicability of the models. Extensions to divergent multi-echelon systems with more than two stages are also treated. Keywords: Multi-echelon inventory systems, periodic review, continuous review, installation stock policies, echelon stock policies, service levels.

Original language	English
Place of Publication	Eindhoven
Publisher	Technische Universiteit Eindhoven
Number of pages	31
Publication status	Published - 1996

Publication series

Name	Memorandum COSOR
Volume	9621
ISSN (Print)	0926-4493

Name	TU Eindhoven. Fac. TBDK, Vakgroep LBS : working paper series
Volume	9602

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title = "Multi-echelon systems : a service measure perspective",

abstract = "This paper reviews the most important results on divergent multi-echelon systems. In particular, we concentrate on the interactions between the elements that constitute such a multi-echelon system, in order to determine several service measures (e.g. external customer service level and inventory holding costs). We distinguish between two types of policies: installation stock and echelon stock policies. A comparison between these two types of policies revealed that the complexity of the analysis is concentrated at different aspects, which are discussed by reviewing the most important papers on both types. Special attention is given to the applicability of the models. Extensions to divergent multi-echelon systems with more than two stages are also treated. Keywords: Multi-echelon inventory systems, periodic review, continuous review, installation stock policies, echelon stock policies, service levels.",

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AB - This paper reviews the most important results on divergent multi-echelon systems. In particular, we concentrate on the interactions between the elements that constitute such a multi-echelon system, in order to determine several service measures (e.g. external customer service level and inventory holding costs). We distinguish between two types of policies: installation stock and echelon stock policies. A comparison between these two types of policies revealed that the complexity of the analysis is concentrated at different aspects, which are discussed by reviewing the most important papers on both types. Special attention is given to the applicability of the models. Extensions to divergent multi-echelon systems with more than two stages are also treated. Keywords: Multi-echelon inventory systems, periodic review, continuous review, installation stock policies, echelon stock policies, service levels.

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ER -

Multi-echelon systems : a service measure perspective

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