Optimal production and rationing decisions in supply chains with information sharing

Optimal production and rationing decisions in supply chains with information sharing

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Article ID: iaor20082886
Country: Netherlands
Volume: 35
Issue: 5
Start Page Number: 669
End Page Number: 676
Publication Date: Sep 2007
Journal: Operations Research Letters
Authors: ,
Keywords: programming: markov decision, supply & supply chains
Abstract:

This paper considers a two-echelon capacitated supply chain with two non-identical retailers and information sharing. We characterize the optimal inventory policies. We also study the benefits of the optimal stock rationing policy over the first come first served and the modified echelon-stock rationing policies.

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