A normal approximation model for safety stock optimization in a two-echelon distribution system / B. Desmet in Journal of the operational research society (JORS), Vol. 61 N° 1 (Issue spécial) (Janvier 2010)  

Public ISBD [article]  inJournal of the operational research society (JORS) > Vol. 61 N° 1 (Issue spécial) (Janvier 2010) . - pp. 156–163 Titre : A normal approximation model for safety stock optimization in a two-echelon distribution system Type de document : texte imprimé Auteurs : B. Desmet, Auteur ; E-H. Aghezzaf, Auteur ; H. Vanmaele, Auteur Année de publication : 2011 Article en page(s) : pp. 156–163 Note générale : Recherche opérationnelle Langues : Anglais (eng) Mots-clés : Safety stocks Two-echelon distribution Decision support systems Index. décimale : 001.424 Résumé : This paper presents an approximation model for the retailer replenishment lead-times in a two-echelon distribution system, and discusses its implementation for safety stock optimization in a one-warehouse and N-identical retailers system. The model assumes normality of demand and nominal lead times. It takes into account not only the averages of these parameters but also their variances. This approximation model is first tested on a two-echelon, one-warehouse and N-identical retailers system using discrete event simulation. It is then applied to optimize the safety stock in a two-echelon distribution system of a European market leader in the production and distribution of air conditioning equipment. Results of this implementation are analysed and discussed in detail. DEWEY : 001.424 ISSN : 0160-5682 En ligne : http://www.palgrave-journals.com/jors/journal/v61/n1/abs/jors2008150a.html [article] A normal approximation model for safety stock optimization in a two-echelon distribution system [texte imprimé] / B. Desmet, Auteur ; E-H. Aghezzaf, Auteur ; H. Vanmaele, Auteur . - 2011 . - pp. 156–163. Recherche opérationnelle Langues : Anglais (eng) in Journal of the operational research society (JORS) > Vol. 61 N° 1 (Issue spécial) (Janvier 2010) . - pp. 156–163 Mots-clés : Safety stocks Two-echelon distribution Decision support systems Index. décimale : 001.424 Résumé : This paper presents an approximation model for the retailer replenishment lead-times in a two-echelon distribution system, and discusses its implementation for safety stock optimization in a one-warehouse and N-identical retailers system. The model assumes normality of demand and nominal lead times. It takes into account not only the averages of these parameters but also their variances. This approximation model is first tested on a two-echelon, one-warehouse and N-identical retailers system using discrete event simulation. It is then applied to optimize the safety stock in a two-echelon distribution system of a European market leader in the production and distribution of air conditioning equipment. Results of this implementation are analysed and discussed in detail. DEWEY : 001.424 ISSN : 0160-5682 En ligne : http://www.palgrave-journals.com/jors/journal/v61/n1/abs/jors2008150a.html

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