Evaluating Vendor Managed Inventory Policy considering Partial Variable Backorder, M.Sc. Thesis Sharif University of Technology ; Akbari Jokar, Mohammad Reza (Supervisor)
Abstract
Inventory problems are studied for a long time and many authors have investigated models with shortage phenomenon. To reduce inventory holding cost or decaying items we can have a shortage period in witch a part of demand is backordered; Although we pay fines to pending costumers, as shortage period is extended a larger portion of them will refuse to wait until replenishment. So, calculating an optimal duration for on hand inventory and shortage period with respect to inventory costs has became an interesting research field. However, related studies are rarely appeared in supply chain researches, where an integrated inventory model for a supplier and a retailer is proposed; especially when a...
Cataloging briefEvaluating Vendor Managed Inventory Policy considering Partial Variable Backorder, M.Sc. Thesis Sharif University of Technology ; Akbari Jokar, Mohammad Reza (Supervisor)
Abstract
Inventory problems are studied for a long time and many authors have investigated models with shortage phenomenon. To reduce inventory holding cost or decaying items we can have a shortage period in witch a part of demand is backordered; Although we pay fines to pending costumers, as shortage period is extended a larger portion of them will refuse to wait until replenishment. So, calculating an optimal duration for on hand inventory and shortage period with respect to inventory costs has became an interesting research field. However, related studies are rarely appeared in supply chain researches, where an integrated inventory model for a supplier and a retailer is proposed; especially when a...
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