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Cost differential for deciding about installing information sharing technology in a two-echelon inventory system

Haji, R ; Sharif University of Technology | 2007

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  1. Type of Document: Article
  2. Publisher: 2007
  3. Abstract:
  4. We consider a dyadic supply chain. Retailer applies (R,Q)-policy. Supplier starts with m initial batches of size Q and places an order of the same size to an outside source. The supplier can select one of the two following cases. Case 1, whenever the retailer places an order, the supplier will also place an order. Case 2, whenever the retailer's inventory position reaches R+s, the supplier will place an order. This paper derives the cost differential between these cases for any value of s, which enables the supply chain managers to decide whether to install an information sharing technology
  5. Keywords:
  6. Automation ; Chemical modification ; Computer networks ; Exhibitions ; Industrial engineering ; Information analysis ; Information retrieval ; Information systems ; Information technology ; Inventory control ; Marketing ; Microfluidics ; Production control ; Project management ; Sales ; Supply chain management ; Supply chains ; Systems engineering ; Technology ; (OTDR) technology ; (R ,s ,S) policy ; Cost differential ; Information sharing ; Inventory systems ; Industrial economics
  7. Source: IIE Annual Conference and Expo 2007 - Industrial Engineering's Critical Role in a Flat World, Nashville, TN, 19 May 2007 through 23 May 2007 ; 2007 , Pages 1139-1144
  8. URL: https://www.researchgate.net/publication/289483184_Cost_differential_for_deciding_about_installing_information_sharing_technology_in_a_two-echelon_inventory_system