Optimizing inventory decisions in a multi-stage multi-customer supply chain: A note

Optimizing inventory decisions in a multi-stage multi-customer supply chain: A note

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Article ID: iaor20082890
Country: United Kingdom
Volume: 43
Issue: 5
Start Page Number: 647
End Page Number: 654
Publication Date: Sep 2007
Journal: Transportation Research. Part E, Logistics and Transportation Review
Authors:
Keywords: supply & supply chains, optimization
Abstract:

In this paper, we propose an n-stage-multi-customer supply chain inventory model where there is a company that can supply products to several customers. We formulate the model for the simplest inventory coordination mechanism which is referred to as the same cycle time for all companies in the supply chain. We conclude that it is possible to use an algebraic approach to optimize the supply chain model without the use of differential calculus.

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