Supply chain scheduling: Just-in-time environment

Supply chain scheduling: Just-in-time environment

0.00 Avg rating0 Votes
Article ID: iaor20091024
Country: Netherlands
Volume: 161
Issue: 1
Start Page Number: 53
End Page Number: 86
Publication Date: Jul 2008
Journal: Annals of Operations Research
Authors: , , ,
Keywords: production: JIT
Abstract:

We study the benefits of coordinated decision making in a supply chain consisting of a manufacturer, a distributor, and several retailers. The distributor bundles finished goods produced by the manufacturer and delivers them to the retailers to meet their demands. The distributor is responsible for managing finished goods inventory. An optimal production schedule of the manufacturer, if imposed on the distributor, may result in an increased inventory holding cost for the distributor. On the other hand, an optimal distribution schedule of the distributor, if imposed on the manufacturer, may result in an increased production cost for the manufacturer. In this paper we develop mathematical models for individual optimization goals of the two partners and compare the results of these models with the results obtained for a joint optimization model at the system level. We investigate the computational complexities of these scheduling problems.

Reviews

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 Your email address will not be published.