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A stock redistribution model

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  • Alan J. Kaplan

Abstract

Multi‐depot supply systems are subject to stock distribution imbalances; i. e., the fraction of total system stock located at a depot may be too small to support the fraction of system demand expected to be placed on it. In the supply system of concern, a cutomer is always satisfied if there is stock anywhere in the system. Stock redistributions to correct imbalances may reduce both transportation costs and customer waiting times. A model for determining optimum redistribution quantities is formulated, and a practical method of solution for the two depot case is described. Selected numerical illustrations are given.

Suggested Citation

  • Alan J. Kaplan, 1973. "A stock redistribution model," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 20(2), pages 231-239, June.
    • Handle: RePEc:wly:navlog:v:20:y:1973:i:2:p:231-239
    DOI: 10.1002/nav.3800200203
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