Title:
Simple Newsvendor Bounds for Inventory Distribution Systems

dc.contributor.advisor Ferguson, Mark E.
dc.contributor.author Lystad, Erik D. en_US
dc.contributor.committeeMember Toktay, Beril
dc.contributor.committeeMember Gaimon, Cheryl
dc.contributor.committeeMember Alexopoulos, Christos
dc.contributor.committeeMember Chang, Yih-Long
dc.contributor.department Management en_US
dc.date.accessioned 2007-05-25T17:35:30Z
dc.date.available 2007-05-25T17:35:30Z
dc.date.issued 2006-12-19 en_US
dc.description.abstract To date, closed form optimal solutions for stocking levels in arborescent multiechelon inventory systems have not been obtained. These problems exhibit the joint difficulties of requiring an allocation policy as well as a stocking policy, and the multidimensional nature of their state space makes dynamic programming formulations impractical. In this dissertation, we introduce procedures that approximate multiechelon networks with sets of single installation problems. We first use this technique to solve for base-stock levels in a distribution network with asymmetric retailers. Second, we use this technique to analyze delayed differentiation production processes and provide guidance as to when the strategy is most warranted. Third, we modify the technique to account for inventory that exhibits perishability and solve for stocking policies for distribution systems when the inventory has a fixed shelf life. en_US
dc.description.degree Ph.D. en_US
dc.identifier.uri http://hdl.handle.net/1853/14591
dc.publisher Georgia Institute of Technology en_US
dc.subject Simulation en_US
dc.subject Heuristics en_US
dc.subject Inventory en_US
dc.subject Distribution systems en_US
dc.subject Supply chain management en_US
dc.title Simple Newsvendor Bounds for Inventory Distribution Systems en_US
dc.type Text
dc.type.genre Dissertation
dspace.entity.type Publication
local.contributor.corporatename Scheller College of Business
relation.isOrgUnitOfPublication a2f83831-ae41-4d65-82ff-c8bf95db4ffb
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