Comparison of determination approaches of reorder level in a continuous replenishment strategy;

Based on Markov analysis,this paper presents a recursive algorithm to compute probabilities under stable states and derives the approximate expression for order-based backorders.

Adjusting order-up-to level through simulation optimization of complex logistics;

This paper discusses modeling and simulation of order-up-to levels of entities in CLs in an uncertain environment where periodic review policies are adopted.

The model of simulation and parameter optimization for inventory control is establised,with the time-varying and stochastic characteristics of goods demands are taken into account as well as the stochastic characteristics of the goods arrivals lead-time,under the cosumption that the enterprise take the strategy of controling its inventory with fixed order batch and reorder point.