Master of Science
John W. Adams
A descriptive simulation study is presented of the stochastic behavior of the wholesale level of a multi-echelon distribution system for a class of partially recoverable inventory items. The salvage operation, coupled with randomly varying demands and stochastic lead-times creates a stochastic process with three random elements interacting. Service to the retail level, the steady-state proportion of demands immediately satisfied, as a function of the wholesale inventory held is the descriptive measure used.
Strait, Robert L., "On the behavior of a multi-echelon distribution system for a partially recoverable inventory item" (1971). Theses and Dissertations. 3985.