Determination of economic production–shipment policy for a single-vendor–single-buyer system

Determination of economic production–shipment policy for a single-vendor–single-buyer system

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Article ID: iaor2001133
Country: Netherlands
Volume: 121
Issue: 1
Start Page Number: 175
End Page Number: 178
Publication Date: Feb 2000
Journal: European Journal of Operational Research
Authors: ,
Keywords: economic order
Abstract:

This paper considers the problem of determining economic production and shipment policy of a product supplied by a vendor to a single buyer. The objective is to minimise the total joint annual costs incurred by the vendor and the buyer.

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