## A comparison of continuous and periodic review policies in a two-echelon multi-item inventory system / by Paul Sasseville |

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arbitrary point backorders existing base J demand base J orders base J review base lead calculate change in performance closest depot review computed constant and known continuous and periodic continuous review model continuous review s-l,s CORNELL UNIVERSITY defined demand occur demands placed depot inventory position depot lead distribution for backorders due to demands exceed the depot existing at base expected backorders expected base backorders expected daily demand expression for backorders external supplier fills of base follow continuous review Hence I I D x-T initial review interval t-x k=i+l neN k=r+l l5 base locations follow continuous Muckstadt multi-item inventory system notation number of bases orders placed P-l P-l P{Case P{E G periodic review expression periodic review model PERIODIC REVIEW POLICIES periodic review S-l,S placed on base policy with review present probability distribution probability expression review period length review s,S review time prior system parameters total depot demand two-echelon multi-item inventory