We propose a stochastic dynamic programming model for the control of transshipments in multi-location inventory systems and develop approximate solution methods using decomposition and other dimensionality reduction techniques. The new methods are compared with the static stock pooling policies that are often used in practice.
|Publication status||Published - 2005|
|Event||IFORS Triennial Conference - |
Duration: 1 Jan 2005 → …
|Conference||IFORS Triennial Conference|
|Period||1/01/05 → …|