A Note on Lateral Transshipment under Point-Process Driven Demand
Document Type
Article
Publication Date
3-2013
Publication Title
Operations Research Letters
DOI
10.1016/j.orl.2012.12.005
ISSN
0167-6377
Abstract
We analyze lateral transshipment for items whose demand is driven by an arbitrary point process. We find conditions under which lateral transshipment stochastically lowers the cost of a system of demand centers. Our main structural result is that transshipment works best for slow-moving items, such as spare-parts, when the demands are driven by non-homogeneous or homogeneous Poisson processes. We also obtain general results that apply when demand is driven by an arbitrary point process.
Recommended Citation
Paul, Anand, Arda Yenipazarli.
2013.
"A Note on Lateral Transshipment under Point-Process Driven Demand."
Operations Research Letters, 41 (2): 159-163.
doi: 10.1016/j.orl.2012.12.005 source: https://www.sciencedirect.com/science/article/pii/S0167637712001551?via%3Dihub
https://digitalcommons.georgiasouthern.edu/logistics-supply-facpubs/51
