Optimization of inventory policies for OWMR systems

Fixed-Interval Order-up-to Policies and Myopic Optimal Warehouse Stock Allocation for One-Warehouse Multiple-Retailer Systems

We consider a fixed-interval order-up-to policy for a OWMR system with non-identical retailers. Our contribution is two-fold. This programming is designed to evaluate and optimize the inventory control system under myopic optimal stock allocation that allocates warehouse stock at points of delivery to minimize system cost.