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- W2195805071 abstract "Distribution Resource Planning (DRP) is a general framework for planning and managing inventory in distribution networks. The DRP framework can be applied to complex distribution networks with thousands of unique stock-keeping units and hundreds of stocking locations. It allows for non-stationary (e.g. seasonal) demand patterns and a wide variety of user-specified inventory control rules including all standard inventory policies such as (S, s) and fixed order quantity rules. A number of software implementations of DRP are commercially available and are widely used in industry. In this paper, we describe the logic underlying DRP and point out some of its limitations. The inner workings of DRP are not always familiar to the research/academic community. On the other hand, practitioners may be unaware of some of the shortfalls and limitations of the system. Our objective here is to bridge this gap. In particular, we show how the performance evaluation capability of DRP can be substantially enhanced by some simple analytical formulas, derived as approximations from base-stock and (S, s) control schemes." @default.
- W2195805071 created "2016-06-24" @default.
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- W2195805071 date "2003-01-01" @default.
- W2195805071 modified "2023-10-18" @default.
- W2195805071 title "Distribution Resource Planning Systems: A Critique and Enhancement" @default.
- W2195805071 cites W1659085582 @default.
- W2195805071 doi "https://doi.org/10.1007/978-1-4615-1019-2_2" @default.
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