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Cost derivation of a dyadic supply chain with time lag information sharing
, Article 37th International Conference on Computers and Industrial Engineering 2007, Alexandria, 20 October 2007 through 23 October 2007 ; Volume 3 , 2007 , Pages 1709-1714 ; 9781627486811 (ISBN) ; Haji, R ; Shenas, N. Y ; Sharif University of Technology
2007
Abstract
In this paper we consider a dyadic supply chain consisting of one warehouse and one retailer with information exchange. We assume that the demand process to the retailer is a Poisson process and transportation times are constant. The retailer applies continuous review (R,Q)-policy. When the retailer's inventory position reaches R+s she sends information about her customer demand and inventory activities to the supplier. The supplier receives this information after a constant time lag. The supplier starts with m initial batches (of size Q), and places an order in a batch of size Q to an outside source immediately after receiving the information from the retailer. In this paper using the idea...