{"title":"Inventory Control for a Joint Replenishment Problem with Stochastic Demand","authors":"Bassem Roushdy, Nahed Sobhy, Abdelrhim Abdelhamid, Ahmed Mahmoud","country":null,"institution":"","volume":52,"journal":"International Journal of Industrial and Manufacturing Engineering","pagesStart":873,"pagesEnd":878,"ISSN":"1307-6892","URL":"https:\/\/publications.waset.org\/pdf\/14953","abstract":"Most papers model Joint Replenishment Problem\r\n(JRP) as a (kT,S) where kT is a multiple value for a common review\r\nperiod T,and S is a predefined order up to level. In general the (T,S)\r\npolicy is characterized by a long out of control period which requires\r\na large amount of safety stock compared to the (R,Q) policy. In this\r\npaper a probabilistic model is built where an item, call it item(i),\r\nwith the shortest order time between interval (T)is modeled under\r\n(R,Q) policy and its inventory is continuously reviewed, while the\r\nrest of items (j) are periodically reviewed at a definite time\r\ncorresponding to item ","references":null,"publisher":"World Academy of Science, Engineering and Technology","index":"Open Science Index 52, 2011"}