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Optimal and Approximate Policies in Multiperiod, Multilocation Inventory Models with Transshipments

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Cited by:

  1. Nils Rudi & Sandeep Kapur & David F. Pyke, 2001. "A Two-Location Inventory Model with Transshipment and Local Decision Making," Management Science, INFORMS, vol. 47(12), pages 1668-1680, December.
  2. Griffin, Emily C. & Keskin, Burcu B. & Allaway, Arthur W., 2023. "Clustering retail stores for inventory transshipment," European Journal of Operational Research, Elsevier, vol. 311(2), pages 690-707.
  3. Jian Yang & Zhaoqiong Qin, 2007. "Capacitated Production Control with Virtual Lateral Transshipments," Operations Research, INFORMS, vol. 55(6), pages 1104-1119, December.
  4. Hu, Jason & Watson, Edward & Schneider, Helmut, 2005. "Approximate solutions for multi-location inventory systems with transshipments," International Journal of Production Economics, Elsevier, vol. 97(1), pages 31-43, July.
  5. Hadar Amrani & Eugene Khmelnitsky, 2017. "Optimal division of inventory between depot and bases," Naval Research Logistics (NRL), John Wiley & Sons, vol. 64(1), pages 3-18, February.
  6. Jan A. Van Mieghem & Nils Rudi, 2002. "Newsvendor Networks: Inventory Management and Capacity Investment with Discretionary Activities," Manufacturing & Service Operations Management, INFORMS, vol. 4(4), pages 313-335, August.
  7. Burton, Jonathan & Banerjee, Avijit, 2005. "Cost-parametric analysis of lateral transshipment policies in two-echelon supply chains," International Journal of Production Economics, Elsevier, vol. 93(1), pages 169-178, January.
  8. Çömez-Dolgan, Nagihan & Moussawi-Haidar, Lama & Jaber, Mohamad Y. & Cephe, Ecem, 2022. "Capacitated assortment planning of a multi-location system under transshipments," International Journal of Production Economics, Elsevier, vol. 251(C).
  9. Dilupa Nakandala & Henry Lau & Paul K.C. Shum, 2017. "A lateral transshipment model for perishable inventory management," International Journal of Production Research, Taylor & Francis Journals, vol. 55(18), pages 5341-5354, September.
  10. Arthur Hsu & Yehuda Bassok, 1999. "Random Yield and Random Demand in a Production System with Downward Substitution," Operations Research, INFORMS, vol. 47(2), pages 277-290, April.
  11. van Wijk, A.C.C. & Adan, I.J.B.F. & van Houtum, G.J., 2019. "Optimal lateral transshipment policies for a two location inventory problem with multiple demand classes," European Journal of Operational Research, Elsevier, vol. 272(2), pages 481-495.
  12. Amin Khademi & Burak Eksioglu, 2018. "Spare Parts Inventory Management with Substitution-Dependent Reliability," INFORMS Journal on Computing, INFORMS, vol. 30(3), pages 507-521, August.
  13. Paterson, Colin & Kiesmüller, Gudrun & Teunter, Ruud & Glazebrook, Kevin, 2011. "Inventory models with lateral transshipments: A review," European Journal of Operational Research, Elsevier, vol. 210(2), pages 125-136, April.
  14. Ho-Yin Mak & Zuo-Jun Max Shen, 2014. "Pooling and Dependence of Demand and Yield in Multiple-Location Inventory Systems," Manufacturing & Service Operations Management, INFORMS, vol. 16(2), pages 263-269, May.
  15. Yiwei Huang & Yunxia Zhu & Subodha Kumar & Bala Shetty & Chelliah Sriskandarajah, 2020. "A Framework for Analyzing the U.S. Coin Supply Chain," Production and Operations Management, Production and Operations Management Society, vol. 29(12), pages 2736-2759, December.
  16. Olsson, Fredrik, 2009. "Optimal policies for inventory systems with lateral transshipments," International Journal of Production Economics, Elsevier, vol. 118(1), pages 175-184, March.
  17. Özdemir, Deniz & Yücesan, Enver & Herer, Yale T., 2013. "Multi-location transshipment problem with capacitated production," European Journal of Operational Research, Elsevier, vol. 226(3), pages 425-435.
  18. Lauren Xiaoyuan Lu & Jan A. Van Mieghem, 2009. "Multimarket Facility Network Design with Offshoring Applications," Manufacturing & Service Operations Management, INFORMS, vol. 11(1), pages 90-108, October.
  19. Xiaohong Yu & Sujuan Wang & Xindong Zhang, 2019. "The Impact of Fairness Concerns on the Formation of Retailers Alliance with Consideration of Transshipment," Sustainability, MDPI, vol. 11(3), pages 1-19, January.
  20. Andy Wei‐Di Wu & David Ming‐Huang Chiang, 2011. "Fashion products with asymmetric sales horizons," Naval Research Logistics (NRL), John Wiley & Sons, vol. 58(5), pages 490-506, August.
  21. Ozdemir, Deniz & Yucesan, Enver & Herer, Yale T., 2006. "Multi-location transshipment problem with capacitated transportation," European Journal of Operational Research, Elsevier, vol. 175(1), pages 602-621, November.
  22. Meissner, Joern & Senicheva, Olga V., 2018. "Approximate dynamic programming for lateral transshipment problems in multi-location inventory systems," European Journal of Operational Research, Elsevier, vol. 265(1), pages 49-64.
  23. Li, Ying & Liao, Yi & Hu, Xinxin & Shen, Wenjing, 2020. "Lateral transshipment with partial request and random switching," Omega, Elsevier, vol. 92(C).
  24. Pengfei Guo & Fang Liu & Yulan Wang, 2020. "Pre‐positioning and Deployment of Reserved Inventories in a Supply Network: Structural Properties," Production and Operations Management, Production and Operations Management Society, vol. 29(4), pages 893-906, April.
  25. Zou, Li & Dresner, Martin & Windle, Robert, 2010. "A two-location inventory model with transshipments in a competitive environment," International Journal of Production Economics, Elsevier, vol. 125(2), pages 235-250, June.
  26. Ma, Hong & Miao, Zhaowei & Lim, Andrew & Rodrigues, Brian, 2011. "Crossdocking distribution networks with setup cost and time window constraint," Omega, Elsevier, vol. 39(1), pages 64-72, January.
  27. Paterson, Colin & Teunter, Ruud & Glazebrook, Kevin, 2012. "Enhanced lateral transshipments in a multi-location inventory system," European Journal of Operational Research, Elsevier, vol. 221(2), pages 317-327.
  28. Rong Li, 2020. "Reinvent Retail Supply Chain: Ship‐from‐Store‐to‐Store," Production and Operations Management, Production and Operations Management Society, vol. 29(8), pages 1825-1836, August.
  29. Wong, H. & van Houtum, G.J. & Cattrysse, D. & Oudheusden, D. Van, 2006. "Multi-item spare parts systems with lateral transshipments and waiting time constraints," European Journal of Operational Research, Elsevier, vol. 171(3), pages 1071-1093, June.
  30. Amiya K. Chakravarty & Jun Zhang, 2007. "Lateral capacity exchange and its impact on capacity investment decisions," Naval Research Logistics (NRL), John Wiley & Sons, vol. 54(6), pages 632-644, September.
  31. Ji, Xiang & Sun, Jiasen & Wang, Zebin, 2017. "Turn bad into good: Using transshipment-before-buyback for disruptions of stochastic demand," International Journal of Production Economics, Elsevier, vol. 185(C), pages 150-161.
  32. Itir Karaesmen & Garrett van Ryzin, 2004. "Overbooking with Substitutable Inventory Classes," Operations Research, INFORMS, vol. 52(1), pages 83-104, February.
  33. Tagaras, George, 1999. "Pooling in multi-location periodic inventory distribution systems," Omega, Elsevier, vol. 27(1), pages 39-59, February.
  34. Yi Liao & Jun Li & Xinxin Hu & Ying Li & Wenjing Shen, 2020. "Application of Lateral Transshipment in Cost Reduction of Decentralized Systems," Sustainability, MDPI, vol. 12(12), pages 1-21, June.
  35. Lingxiu Dong & Nils Rudi, 2004. "Who Benefits from Transshipment? Exogenous vs. Endogenous Wholesale Prices," Management Science, INFORMS, vol. 50(5), pages 645-657, May.
  36. Yan, Tingting & Dooley, Kevin J., 2010. "Entry timing in a secondary market: When to trade?," International Journal of Production Economics, Elsevier, vol. 124(1), pages 62-74, March.
  37. Deflem, Yannick & Van Nieuwenhuyse, Inneke, 2013. "Managing inventories with one-way substitution: A newsvendor analysis," European Journal of Operational Research, Elsevier, vol. 228(3), pages 484-493.
  38. Xinxin Hu & Izak Duenyas & Roman Kapuscinski, 2008. "Optimal Joint Inventory and Transshipment Control Under Uncertain Capacity," Operations Research, INFORMS, vol. 56(4), pages 881-897, August.
  39. Hochmuth, Christian A. & Köchel, Peter, 2012. "How to order and transship in multi-location inventory systems: The simulation optimization approach," International Journal of Production Economics, Elsevier, vol. 140(2), pages 646-654.
  40. Andrew M. Davis & Rihuan Huang & Douglas J. Thomas, 2022. "Retailer Inventory Sharing in Two-Tier Supply Chains: An Experimental Investigation," Management Science, INFORMS, vol. 68(12), pages 8773-8790, December.
  41. Banerjee, Avijit & Burton, Jonathan & Banerjee, Snehamay, 2003. "A simulation study of lateral shipments in single supplier, multiple buyers supply chain networks," International Journal of Production Economics, Elsevier, vol. 81(1), pages 103-114, January.
  42. W-K Ching & W-O Yuen & A W Loh, 2003. "An inventory model with returns and lateral transshipments," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 54(6), pages 636-641, June.
  43. Bhatnagar, Rohit & Lin, Bing, 2019. "The joint transshipment and production control policies for multi-location production/inventory systems," European Journal of Operational Research, Elsevier, vol. 275(3), pages 957-970.
  44. Jing Shao & Harish Krishnan & S. Thomas McCormick, 2011. "Incentives for Transshipment in a Supply Chain with Decentralized Retailers," Manufacturing & Service Operations Management, INFORMS, vol. 13(3), pages 361-372, July.
  45. Michael K. Lim & Ho-Yin Mak & Zuo-Jun Max Shen, 2017. "Agility and Proximity Considerations in Supply Chain Design," Management Science, INFORMS, vol. 63(4), pages 1026-1041, April.
  46. T W Archibald, 2007. "Modelling replenishment and transshipment decisions in periodic review multilocation inventory systems," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 58(7), pages 948-956, July.
  47. Qi Feng & Chengzhang Li & Mengshi Lu & Jeyaveerasingam George Shanthikumar, 2022. "Dynamic Substitution for Selling Multiple Products under Supply and Demand Uncertainties," Production and Operations Management, Production and Operations Management Society, vol. 31(4), pages 1645-1662, April.
  48. Park, Seung Jae, 2018. "Swapping inventory between competing firms," International Journal of Production Economics, Elsevier, vol. 199(C), pages 26-46.
  49. Tang, Shao-Long & Yan, Hong, 2010. "Pre-distribution vs. post-distribution for cross-docking with transshipments," Omega, Elsevier, vol. 38(3-4), pages 192-202, June.
  50. Ying Rong & Lawrence V. Snyder & Yang Sun, 2010. "Inventory sharing under decentralized preventive transshipments," Naval Research Logistics (NRL), John Wiley & Sons, vol. 57(6), pages 540-562, September.
  51. Seifert, Ralf W. & Thonemann, Ulrich W. & Sieke, Marcel A., 2006. "Integrating direct and indirect sales channels under decentralized decision-making," International Journal of Production Economics, Elsevier, vol. 103(1), pages 209-229, September.
  52. Zou, Li & Yu, Chunyan & Dresner, Martin, 2013. "The application of inventory transshipment modeling to air cargo revenue management," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 57(C), pages 27-44.
  53. Olsson, Fredrik, 2010. "An inventory model with unidirectional lateral transshipments," European Journal of Operational Research, Elsevier, vol. 200(3), pages 725-732, February.
  54. Axsater, Sven, 2003. "Evaluation of unidirectional lateral transshipments and substitutions in inventory systems," European Journal of Operational Research, Elsevier, vol. 149(2), pages 438-447, September.
  55. Tarhini, Hussein & Karam, Mario & Jaber, Mohamad Y., 2020. "An integrated single-vendor multi-buyer production inventory model with transshipments between buyers," International Journal of Production Economics, Elsevier, vol. 225(C).
  56. Herer, Yale T. & Tzur, Michal & Yucesan, Enver, 2002. "Transshipments: An emerging inventory recourse to achieve supply chain leagility," International Journal of Production Economics, Elsevier, vol. 80(3), pages 201-212, December.
  57. H Wong & G J van Houtum & D Cattrysse & D Van Oudheusden, 2005. "Simple, efficient heuristics for multi-item multi-location spare parts systems with lateral transshipments and waiting time constraints," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 56(12), pages 1419-1430, December.
  58. Minner, Stefan & Silver, Edward A. & Robb, David J., 2003. "An improved heuristic for deciding on emergency transshipments," European Journal of Operational Research, Elsevier, vol. 148(2), pages 384-400, July.
  59. Cavagnini, Rossana & Bertazzi, Luca & Maggioni, Francesca, 2022. "A rolling horizon approach for a multi-stage stochastic fixed-charge transportation problem with transshipment," European Journal of Operational Research, Elsevier, vol. 301(3), pages 912-922.
  60. Vernon N. Hsu & Kaijie Zhu, 2011. "Tax-Effective Supply Chain Decisions Under China's Export-Oriented Tax Policies," Manufacturing & Service Operations Management, INFORMS, vol. 13(2), pages 163-179, November.
  61. Yale T. Herer & Ayelet Rashit, 1999. "Lateral stock transshipments in a two‐location inventory system with fixed and joint replenishment costs," Naval Research Logistics (NRL), John Wiley & Sons, vol. 46(5), pages 525-547, August.
  62. Reut Noham & Michal Tzur, 2014. "The single and multi‐item transshipment problem with fixed transshipment costs," Naval Research Logistics (NRL), John Wiley & Sons, vol. 61(8), pages 637-664, December.
  63. Seidscher, Arkadi & Minner, Stefan, 2013. "A Semi-Markov decision problem for proactive and reactive transshipments between multiple warehouses," European Journal of Operational Research, Elsevier, vol. 230(1), pages 42-52.
  64. Ping Zhang & Hong Yan & King Wah Pang, 2019. "Inventory Sharing Strategy for Disposable Medical Items between Two Hospitals," Sustainability, MDPI, vol. 11(22), pages 1-21, November.
  65. De‐bi Cao & Edward A. Silver, 2005. "A dynamic allocation heuristic for centralized safety stock," Naval Research Logistics (NRL), John Wiley & Sons, vol. 52(6), pages 513-526, September.
  66. Joon-Seok Kim & Saif Benjaafar, 2002. "On the Benefits of Inventory-Pooling in Production-Inventory Systems," Manufacturing & Service Operations Management, INFORMS, vol. 4(1), pages 12-16.
  67. Yu, Yimin & Shou, Biying & Ni, Yaodong & Chen, Li, 2017. "Optimal production, pricing, and substitution policies in continuous review production-inventory systems," European Journal of Operational Research, Elsevier, vol. 260(2), pages 631-649.
  68. Jinfa Chen & David D. Yao & Shaohui Zheng, 2001. "Optimal Replenishment and Rework with Multiple Unreliable Supply Sources," Operations Research, INFORMS, vol. 49(3), pages 430-443, June.
  69. Yu, Dennis Z. & Tang, Sammi Y. & Niederhoff, Julie, 2011. "On the benefits of operational flexibility in a distribution network with transshipment," Omega, Elsevier, vol. 39(3), pages 350-361, June.
  70. Jeffrey D. Shulman, 2014. "Product Diversion to a Direct Competitor," Marketing Science, INFORMS, vol. 33(3), pages 422-436, May.
  71. Anil Kukreja & Charles P. Schmidt & David M. Miller, 2001. "Stocking Decisions for Low-Usage Items in a Multilocation Inventory System," Management Science, INFORMS, vol. 47(10), pages 1371-1383, October.
  72. Eran Hanany & Michal Tzur & Alon Levran, 2010. "The transshipment fund mechanism: Coordinating the decentralized multilocation transshipment problem," Naval Research Logistics (NRL), John Wiley & Sons, vol. 57(4), pages 342-353, June.
  73. Villa, Sebastián & Castañeda, Jaime Andrés, 2018. "Transshipments in supply chains: A behavioral investigation," European Journal of Operational Research, Elsevier, vol. 269(2), pages 715-729.
  74. Jason Acimovic & Stephen C. Graves, 2017. "Mitigating Spillover in Online Retailing via Replenishment," Manufacturing & Service Operations Management, INFORMS, vol. 19(3), pages 419-436, July.
  75. Sven Axsäter, 2003. "A New Decision Rule for Lateral Transshipments in Inventory Systems," Management Science, INFORMS, vol. 49(9), pages 1168-1179, September.
  76. Yueshan Yu & Xin Chen & Fuqiang Zhang, 2015. "Dynamic Capacity Management with General Upgrading," Operations Research, INFORMS, vol. 63(6), pages 1372-1389, December.
  77. Kwan Eng Wee & Maqbool Dada, 2005. "Optimal Policies for Transshipping Inventory in a Retail Network," Management Science, INFORMS, vol. 51(10), pages 1519-1533, October.
  78. Spiliotopoulou, Eirini & Donohue, Karen & Gürbüz, Mustafa Çagri & Heese, H. Sebastian, 2018. "Managing and reallocating inventory across two markets with local information," European Journal of Operational Research, Elsevier, vol. 266(2), pages 531-542.
  79. Yale T. Herer & Michal Tzur, 2001. "The dynamic transshipment problem," Naval Research Logistics (NRL), John Wiley & Sons, vol. 48(5), pages 386-408, August.
  80. Andrew Lim & Zhaowei Miao & Brian Rodrigues & Zhou Xu, 2005. "Transshipment through crossdocks with inventory and time windows," Naval Research Logistics (NRL), John Wiley & Sons, vol. 52(8), pages 724-733, December.
  81. Naderi, Siamak & Kilic, Kemal & Dasci, Abdullah, 2020. "A deterministic model for the transshipment problem of a fast fashion retailer under capacity constraints," International Journal of Production Economics, Elsevier, vol. 227(C).
  82. Hui Zhao & Jennifer K. Ryan & Vinayak Deshpande, 2008. "Optimal Dynamic Production and Inventory Transshipment Policies for a Two-Location Make-to-Stock System," Operations Research, INFORMS, vol. 56(2), pages 400-410, April.
  83. Yanyan Yang & Shenle Pan & Eric Ballot, 2015. "A model to take advantage of Physical Internet for vendor inventory management [Un modèle de gestion de stock en avantage de l'Internet Physique pour les vendeurs]," Post-Print hal-01128761, HAL.
  84. Lingxiu Dong & Erik Durbin, 2005. "Markets for surplus components with a strategic supplier," Naval Research Logistics (NRL), John Wiley & Sons, vol. 52(8), pages 734-753, December.
  85. Gong, Y. & Yucesan, E., 2006. "The Multi-Location Transshipment Problem with Positive Replenishment Lead Times," ERIM Report Series Research in Management ERS-2006-048-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
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