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Exact evaluation of a two sourcing supply chain with order splitting and information sharing
Sajadifar, M ; Sharif University of Technology | 2008
238
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- Type of Document: Article
- DOI: 10.1109/IEEM.2008.4738189
- Publisher: 2008
- Abstract:
- We consider a single item, two-level inventory system which consisting of two suppliers and one retailer. Transportation times are constant. The retailer faces Poisson demands and applies continuous (R,Q) policy. Each supplier starts with m initial batches of size Q/2 and places an order in a batch of size Q/2 to an outside source immediately after the retailer's inventory position reaches R+s. In this paper using the idea of the one-for-one ordering policy, we derive the exact value of the expected total cost in the convergent coordinated supply chain. © 2008 IEEE
- Keywords:
- Industrial engineering ; Information dissemination ; Information retrieval ; Inventory control ; Sales ; Supply chain management ; Continues review ; Convergent supply chain ; Information sharing ; Multi-echelon inventory ; Order splitting ; Supply chains
- Source: 2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008, Singapore, 8 December 2008 through 11 December 2008 ; 2008 , Pages 1835-1839 ; 9781424426300 (ISBN)
- URL: https://ieeexplore.ieee.org/document/4738189