An extension of the stochastic Joint-Replenishment Problem under the class of cyclic policies
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文摘
This paper presents an extension of the Joint-Replenishment Problem under the class of cyclic policies. The developed model includes stochastic demands, backorders-lost sales mixtures, and controllable lead times. With the objective of minimizing total system cost, we propose two heuristics. Numerical experiments investigate the algorithms performance and the model sensitivity.

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