An integrated inventory model with partial information and controllable lead time and its algorithm

An integrated inventory model with partial information and controllable lead time and its algorithm

0.00 Avg rating0 Votes
Article ID: iaor20061906
Country: China
Volume: 44
Issue: 2
Start Page Number: 214
End Page Number: 219
Publication Date: Apr 2005
Journal: Journal of Fudan University
Authors: ,
Abstract:

It constructs an integrated inventory model including one supplier and one retailer. This model takes order quantity, number of deliveries and lead time as decision variable in order to optimize the integrated annual expected total inventory cost of supplier and retailer and make it approach optimized solution. At the same time, this model supposes information on demand during lead time is imperfect and lead time can be controlled and reduced at an added cost.

Reviews

Required fields are marked *. Your email address will not be published.