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Installation vs. echelon stock policies for multilevel inventory control. (English) Zbl 0798.90030
Summary: This paper compares installation and echelon stock policies for multilevel inventory control. The major results are for serial and assembly systems. For \((Q,r)\)-rules, echelon stock policies are, in general, superior to installation stock policies. A Kanban-policy is identified as a restricted type of installation stock \((Q,r)\)-policy.

MSC:
90B05 Inventory, storage, reservoirs
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