| Article ID: | iaor20051779 |
| Country: | United Kingdom |
| Volume: | 42 |
| Issue: | 20 |
| Start Page Number: | 4421 |
| End Page Number: | 4426 |
| Publication Date: | Jan 2004 |
| Journal: | International Journal of Production Research |
| Authors: | Grubbstrm R.W., Zanoni S. |
| Keywords: | supply chain |
An analytic formulation of consignment stock policy has been proposed in Braglia and Zavanella where an implicit analytical solution is given. In this note it is shown that this solution has properties that enable it to be developed into a completely explicit form, allowing for a joint optimization of all decision variables governing the delivery management.